Cardano (ADA) shows a significant recovery with a 10% price increase over the last 24 hours, drawing investor attention.
Successful Recovery of Cardano Price
In the last 24 hours, Cardano has surged by 10%, rising from $0.5308 to $0.5932. The current price is at $0.5813, reflecting an increase of 6.01%. The trading volume increased by 11.92% to reach $1.17 billion, indicating heightened investor activity.
New Targets and Support Levels
The recent recovery of Cardano, stabilizing around the $0.52 support level, presents valuable opportunities for investors. For the uptrend to continue, ADA must overcome the $0.60 resistance level. Technical indicators suggest that if bulls continue to provide adequate support, the altcoin could reach even greater heights.
Bitcoin Integration in Lace Wallet
Charles Hoskinson, the founder of Cardano, announced the integration of Bitcoin (BTC) into the main network of the Lace Wallet, allowing users to conduct Bitcoin transactions directly within the Cardano platform. This enhancement improves user experience and may increase the appeal of the Cardano ecosystem.
Thus, Cardano shows a positive trend in the market, and the integration of Bitcoin into the Lace Wallet may facilitate further growth and interest from investors.
