The Cardano (ADA) cryptocurrency is trading in a tight consolidation phase around $0.249, with price action locked between short-term support at $0.24 and resistance near $0.26. Over the past 24 hours, ADA has recorded a modest gain of about 1.5%, moving in line with a broader crypto market advance led by Bitcoin’s 1.7% rise. Trading activity has increased noticeably during this consolidation phase, with daily volume climbing to roughly $462 million. This surge in activity has been accompanied by consistent negative exchange netflows over several days, a pattern that often reflects coins being withdrawn from exchanges rather than sold into the market.
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