Cardano: First IBC Testnet Link to Injective Activated

Cardano and Injective activated the first live onchain IBC connection on testnet, with transfers already running between Cardano Preprod and Injective Testnet.

ADA price action at $0.19 shows a bullish trend above both EMA50 and EMA200 at $0.17, while MACD registers a golden cross at 0.01 and RSI sits at 69.87; price remains inside the Bollinger Bands, so a test of upper resistance at $0.2 could trigger a healthy pullback to the $0.17 EMA50 support before continuation.