Cardano (ADA) Breakout Incoming, Coinbase & ETF Developments Fuel Optimism

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  • Cardano (ADA) is up 6% this week, thanks to the general crypto market uptrend.
  • Coinbase launches Cardano futures on March 31, and Hashdex launches ADA into its Nasdaq Crypto Index US ETF.
  • The key level of resistance to be watched is $0.80, and a breakout might trigger further increases.

Cardano (ADA) is seeing strong signs of a bullish trend, attracting attention as the entire crypto market is experiencing a bullish surge. ADA has increased by 6% over the last week, showing bullish momentum and a potential breakout. With Bitcoin’s rally fueling hopes in altcoins, Cardano is one of the biggest gainer in the uptrend of the market

Currently, ADA is trading at $0.717, with a 24-hour trading volume of $1.36 billion and a market capitalization of $25.27 billion. The price has seen a 1.26% increase in the last 24 hours.

Coinbase’s Expansion and ETF Inclusion Boost Sentiment

One of the key factors that could…

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