Cardano (ADA) has experienced a 20% surge in price in the past week, exceeding $1 and solidifying its position as the 9th largest cryptocurrency in terms of market cap. However, the trend strength of ADA appears to be weakening, as indicated by a declining Average Directional Index (ADX). The Ichimoku Cloud chart still reflects a bullish setup, but narrowing patterns suggest potential hesitation in momentum. ADA's ability to break key resistance levels or hold support zones will determine whether it can maintain its upward trajectory or face a correction. The ADX decline suggests a shift from strong upward momentum to a more uncertain phase, indicating potential consolidation or indecision among traders. The cloud's narrowing further signals a weakening trend, while the blue line remaining above the red line indicates positive short-term momentum. If ADA's current uptrend regains strength, it could approach and test resistance levels, but a reversal in trend could lead to a stronger correction and lower prices.



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