Cardano (ADA) has experienced a noteworthy rebound, rising 19% from a low of $0.27 on August 5 to around $0.37. This recovery came after a significant market sell-off that caused the liquidation of over $1 billion in assets.
As the market begins to stabilize, technical indicators are showing promising signs that ADA's price may continue to increase.
The article detailing this development originally appeared on FXcrypto News.
