Cardano Rebounds 30%, Targets $0.315 as Next Major Technical Objective

Cardano's price has rebounded by approximately 30% after reaching lows near $0.20, and is now targeting $0.315 as its next major technical objective.

The surge in Cardano's market capitalization, from around $7.2 billion to roughly $9.6 billion, has also been observed during this recovery period.

With Coinbase's x402 integration, which allows AI agents to make payments with ADA without accounts or payment cards, the adoption of Cardano as a viable payment option is increasing.