Cardano (ADA) Price Prediction Today 🔥🔥🔥

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Cardano's price has declined but still shows upward potential

Cardano (ADA) price has dropped by 6.04% in the past 24 hours, but it still shows a bullish trend on the hourly chart. If it breaks through the resistance level of $0.9885, it may rise to $1 and above.

The daily chart shows buyers attempting to re-enter the market

From the daily chart, if the closing price stays away from $0.9580, there is a chance to rebound and test the $1.05 area. However, medium-term forecasts should be cautious as the market is about to close.

Downside risk with current trading price

If selling pressure continues, the exchange rate may drop to $0.90 and may test the support level of $0.8173 by the end of the month. As of the time of writing, the trading price of ADA is $0.9847.

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