Cardano (ADA) Surges 3% After Dramatic 10% Plunge, Finds 'Strong Support'

Cardano (ADA) Surges 3% After Dramatic 10% Plunge, Finds 'Strong Support'

The cryptocurrency market is experiencing heightened volatility amid an escalating feud between President Donald Trump and his former head of the Department of Government Efficiency, Elon Musk, over the state of the U.S. economy.Cardano's ADA ADA has also seen extreme price swings amid market uncertainties. After dropping from $0.688 to $0.621, ADA found strong support and rebounded, forming an ascending channel with resistance at $0.644, accord…

Cardano’s ADA Finds Stability After Wild Price Swings Triggered by Trump-Musk Feud – BlockNews · Cardano Feed

Cardano’s ADA dropped over 10% but bounced back after strong buying support around $0.621, forming a bullish ascending channel. New institutional moves, including Cardano node operations by Franklin Templeton and Bitcoin-to-Cardano Ordinals integration, have fueled optimism. Despite market volatility from the Trump-Musk clash, ADA is showing technical signs of recovery and may gain further if