Up 11% This Week: Cardano breakout on the horizon?

Cardano (ADA) has experienced an 11% increase this week, reaching around 0.77 USD after a period of stability. Investor enthusiasm is fueled by a partnership with technology firm Globant, which specializes in AI and blockchain solutions.

While ADA encounters a resistance level at 0.8282 USD, it also shows signs of bearish patterns. Significant price movements above this level could lead ADA toward 0.9889 USD, while a drop could bring it down to 0.6504 USD.

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