Cardano's ADA has surged 27% in the past week, pushing 88.4% of its circulating supply into profit. However, this increases the risk of profit-taking, which could trigger downward pressure. The MVRV ratio of 76.2% signals overvaluation, suggesting potential price correction. ADA is currently trading at $0.98, with support at $0.93 and resistance at $1.15. #Cardano #ADA #Crypto #MarketAnalysis