According to CoinStats, most coins are experiencing a rebound in prices on the last day of the week. The price of Cardano (ADA) has increased by 1.20% in the last day. However, despite this growth, the price of ADA is declining after breaking its local support level. If buyers do not take action soon, the price could continue to drop to the range of $0.68-$0.6850 by tomorrow. On a larger time frame, there are no signs of a reversal yet, and if the daily bar closes far from the important zone of $0.70, there is a high chance of testing the $0.66 zone next week. From a midterm perspective, no side is dominating. The volume is also decreasing, indicating that sideways trading around the current prices is the more likely scenario until the end of the month. Currently, ADA is trading at $0.6944.



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