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Crypto

Cardano Price Prediction Stays Bullish as Mastercard Partnership Adds Tailwind

Guavy AI Editorial Team
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ADA
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The Cardano price prediction remains bullish above $0.1955 after the CLARITY Act's defeat in the Senate.

This development triggered a wave of long liquidations, with over $2.53 million in ADA sold off as part of $2.67 million in total liquidations.

The Cardano Foundation has joined Mastercard's Crypto Partner Program, which could provide a fundamental tailwind for the cryptocurrency if it continues to hold above $0.1955.

If this happens, Cardano could extend towards $0.2132, but losing $0.1955 would risk a slide towards the 0.236 Fib support at $0.1735.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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