Cardano has stolen the crypto spotlight after Coinbase revealed it would list the token on its retail platform, with ADA prices surging by 25%.
Cardano, one of the so-called “Ethereum killers,” is on a tear after Coinbase Pro revealed that it would be listing the token on its retail platform on Thursday, Mar. 18.
The price of ADA had been consolidating within a parallel channel for more than two weeks before the news was revealed. This narrow trading range was defined by the $1.03 support level and the $1.19 resistance level. But after Coinbase Pro’s announcement, the token broke through the channel’s upper boundary to hit a high of $1.30.
