Cardano (ADA) inched higher on March 25, putting itself on course to recoup a great portion of the losses it had incurred in the first two months of this year.

ADA’s price jumped by around 7.5% in trading on March 25, reaching $1.19 over a month after bottoming out at around $0.75. The Cardano token’s huge rebound move netted around 60% in gains. Nonetheless, it remained at the risk of losing its upside momentum in the coming weeks.

daily price chart. Source: TradingView
ADA/USD weekly price chart. Source: TradingView