The price of Cardano (ADA) has experienced a significant increase of 11.45% in the last 24 hours. There is a possibility that ADA has established a resistance level at $0.9828, and if the price closes far from this mark, it may lead to a drop to the $0.93-$0.94 range. However, on a larger time frame, the outlook is more positive, and if the candle closes around or above the $0.9890 level, it could lead to a test of the $1.05-$1.10 range. In the midterm, neither the bulls nor the bears are dominating, and the price is far from key levels, resulting in decreasing volume. As a result, sideways trading in the $0.80-$1 range is the most likely scenario. Currently, ADA is trading at $0.9602.



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