The value of Cardano’s ADA has soared nearly 10% in the past 24 hours, joining the broader crypto market in a strong recovery rally. The coin’s technical indicators point to renewed bullish momentum, suggesting that ADA may be gearing up for further gains in the near term. Cardano Gathers Steam with an 8% Gain ADA is up 8% over the past day, with its recent price action hinting at growing investor confidence. A key factor supporting this upward trajectory is the rise in its Chaikin Money Flow (CMF), signaling increased capital inflow and accumulation
source: https://beincrypto.com/cardano-ada-price-surge-breakout/