Cardano’s next price target may be 1.7 USD, but it must meet certain conditions

ADA’s price could reach 1.77 USD if it maintains support above 1,065 USD, with 1,172 USD as a critical resistance level.

The NVT ratio increased to 40.6, indicating potential price increases but also hinting at overvaluation, necessitating caution.

Daily active addresses rose to 40,591, reflecting improving user engagement and solidifying ADA’s market fundamentals.