Cardano Price Poised to Surpass $0.30 With New Partnership, Whale Accumulation and Network Growth
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Cardano announced a partnership with Institute of Blockchain Singapore, which could boost network activity.
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Cardano has seen high network activity recently, with over 30k active addresses daily. Past trends show this level of activity can drive prices over $0.30.
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Whales have acquired 80 million ADA coins worth $24 million in the past 9 days, signaling confidence in further price increases.
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Price analysis suggests ADA will likely break $0.30 soon and head towards $0.35, with support at $0.27 from 361k addresses.
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The partnership announcement coincides with existing bullish indicators like network activity and whale accumulation, which could propel ADA above $0.30.
