The article reports that the rates of most cryptocurrencies are falling, with Cardano (ADA) experiencing a 6.04% decline over the last 24 hours. However, the hourly chart for ADA appears bullish, with the potential for growth if the resistance of $0.9885 is broken. On a bigger time frame, buyers are attempting to regain control after a previous decline, and if the daily candle closes away from $0.9580, a bounce back and test of the $1.05 zone could occur. The midterm outlook is uncertain, but if selling pressure persists and ADA drops to $0.90, there may be a test of support at $0.8173 by the end of the month. At the time of writing, ADA is trading at $0.9847.



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