Cardano Climbs Sharply: ADA Price Surges Over 4%, Breaks Above $0.65
NEW YORK, NY – Cardano (ADA), a major player in the cryptocurrency market, demonstrated significant strength against the United States Dollar during Tuesday’s trading. The digital asset posted notable gains, attracting attention from crypto watchers.
As of the latest data point captured around 6:20 PM UTC on April 12th, Cardano was trading actively at 0.0273 for ADA holders.
This upward trajectory pushed Cardano significantly above its previous closing benchmark of $0.6236, signaling strong buying pressure.
Analysis of the intraday chart reveals a clear bullish pattern for ADA/USD. After consolidating around the $0.62 mark in the early hours, the price embarked on a steady climb through the morning and into the afternoon. The most pronounced rally occurred later in the day, pushing Cardano to an intraday high near the $0.67 level before experiencing a slight pullback to its current position.
Despite easing slightly from its daily peak, Cardano maintained the majority of its gains, holding firmly above the key $0.65 psychological level as the trading session progressed.
