Cardano's price has surged to $0.190 after large holders accumulated over 240 million ADA in just five days, resulting in a 22% gain from its July low.
The rally was supported by a bullish inverse head-and-shoulders pattern that suggests a potential rise to $0.208.
However, key resistance lies between $0.190 and $0.195, with sustained gains above this range needed to confirm further upside.
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