Analyst Predicts ADA Rally if Cardano Price Defends $0.16 Level

Cardano price held above $0.16 on Thursday as ADA traded near $0.170 after a modest daily gain. The token increased 1.75% in 24 hours and gained 4% in the last week. The action comes after a broader crypto market rebounded after the recent consolidation and heavy risk-off selling. Ad Ad Crypto Market Rebound Strengthens ADA