The crypto market is on fire, and Cardano (ADA) is no exception, according to CoinStats.
ADA/USD
Cardano’s price has gone up by 2% over the last 24 hours. 🎉
On the hourly chart, ADA is just chilling between the support of $0.7343 and the resistance of $0.7683. 😴 No one’s winning, so don’t expect any major moves tomorrow.
On the longer time frame, things are looking bullish as ADA approaches the resistance of $0.77. 🐂 But the volume is going down, so buyers might need a nap before they can keep climbing. 💤
In this case, sideways trading in the area of $0.75-$0.77 is the most likely scenario. 🎢
From the midterm point of view, there are no signs of a reversal yet. If the breakout of the nearest resistance level occurs, we might see ADA testing the $0.90-$1 zone soon. 🤞
ADA is trading at $0.7580 at press time. 📈
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2025-07-14 18:34