Cardano Holds Market Stability

🔵Cardano (ADA) trades around $0.63, maintaining its key support above $0.60. Despite a $1.34 million outflow on October 23, sellers have yet to gain momentum. The coin remains within a tightening triangle pattern, with resistance forming between $0.70–$0.77. A breakout above this range could open the path toward $0.82–$0.92.

🔵Fundamentals continue to strengthen as the Cardano Foundation confirmed plans to launch .ada and .cardano domains — a move expected to enhance the project’s digital identity and presence in the Web3 ecosystem. If buyers manage to defend current levels, ADA could finish the year on a positive note.