Cardano (ADA)

Cardano (ADA) currently trades between $0.31 and $0.35, with the bulls showing signs of regrouping. Although the price remains below key moving averages, ADA has seen a 9% uptick over the last week, hinting at underlying strength. With a modest rise of 4% over the past month, the potential for further gains is clear if it breaks through the $0.37 resistance. If Cardano can move past this level, it could reach $0.40, representing a 14% increase. Given that ADA isn't overbought or oversold, the coin is well-positioned for future growth, offering long-term potential for investors willing to weather the short-term market fluctuations. If key levels are breached, Cardano could see an impressive rise of 250% in the coming six months.