![Cardano [ADA]: Risk-averse traders can lock gains at this level](https://insights.cryptobasemarket.com/wp-content/uploads/2022/12/kanchanara-999wkomulpq-unsplash-scaled-243028.jpg)
Cardano [ADA] traded within a range in late November 2022 before a downtrend in December 2022. However, ADA bulls found stable support at $0.2441 and used it to initiate a rally.
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