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Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next? -Breaking

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Cardano (ADAThe ) rose on March 25, placing it on the path to recuperate a significant portion of what was It had suffered lossesin the first half of 2011.

ADA saw a 7.5% increase in its price during trading on March 25, and reached $1.19 over a period of one month, after dipping to $0.75 at the bottom. Cardano token saw a huge rebound that netted it around 60% of its gains. However, the upside momentum of the Cardano token’s rebound move remained in danger for the coming weeks.

Chart of daily prices Source: TradingView
ADA/USD weekly chart. Source: TradingView