Cardano saw a 33% increase in trading volume over the last 24 hours, pushing ADA’s price to approximately $0.197. The asset has reclaimed its 26-day and 50-day exponential moving averages while testing the 100-day EMA at the same resistance level. Binance dominated trading activity with over $325 million in futures contracts processed in the last day. Short liquidations exceeded long liquidations, and the RSI is approaching 70, suggesting further upside momentum if buyers confirm a clear close above the 100-day EMA with sustained high volume.
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