Crypto
Cardano Price Rises Amidst Anticipation of RealFi Mainnet Launch
Cardano's price is on the rise as ADA bulls gain ground. The token has reclaimed the $0.2183 Fibonacci level after bouncing from the $0.19-$0.20 support zone.
The recent recovery suggests that ADA is attempting to establish a stronger base above key technical levels. According to Bitget, the 20-day EMA stands at $0.2037, while the 50-day EMA sits around $0.1941.
RealFi has confirmed October 1 as the target for its Cardano mainnet launch. The platform has been testing its ecosystem through its Pioneer Season and plans to continue activities until the mainnet debut.