🔥Cardano (ADA) Rebounds with a 40% gain, quickly approaching $1

ADA price has recovered 38% since falling to a new yearly low of $0.22 on June 10. The gains have been rapid

This is considered a sign of buying pressure as sellers are unable to push prices down. Instead, buyers prevailed and caused the period to close significantly higher than the low.

Additionally, this increase caused a rebound of the $0.25 horizontal area, which is now expected to provide support once again.