According to CoinStats, the rate of Cardano (ADA) has increased by 25.69% since yesterday, leading to a bullish trend for most cryptocurrencies. The hourly chart suggests that there is unlikely to be any major fluctuations for ADA by the end of the day. However, on a larger time frame, ADA has not yet reached key levels, so the closure of its peak at around $1.15 could indicate further growth tomorrow. In terms of the midterm outlook, there are currently no signs of reversal, and if the weekly bar closes near $1.10, the growth could lead to a test of the $1.20-$1.30 range. As of now, ADA is trading at $1.0686.



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