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CoinGape

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Business & Economics

Cardano price eyes $0.88 after forming a Golden Cross and climbing above $0.70

CoinGape
Summary
Nutrition label

59% Informative

Cardano ( ADA ) has shown strong signs of a recovery, giving traders new hope for a rally towards the $1 mark .

The price has climbed above $ 0.70 for the first time since March and is currently facing key resistance levels.

Whale wallets now hold 35.5% of ADA supply, signaling strong accumulation.

The probability of an ADA ETF being approved this year jumped to 51% as SEC leadership fuels speculation.

VR Score

41

Informative language

32

Neutral language

55

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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