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Why Is ADA Price Up Today?

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Summary
Nutrition label

68% Informative

ADA price jumped 6% in the last 24 hours , with the price currently trading at $ 0.3731 .

The target date for Chang hard fork mainnet is Tuesday , August 27 .

Pre-production will hard fork on the 22nd of August in preparation for the upgrade.

ADA price saw a 6-month descending trendline breakout in the daily timeframe on Wednesday triggering an increase in trading volumes in spot and derivatives markets.

The price is near to breaking above the 50 -SMA (blue), triggering a rally towards the 100 -MA.

VR Score

46

Informative language

32

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65

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formal

Language

English

Language complexity

46

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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not detected

Time-value

short-lived

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