Cardano (ADA) is going through a crucial price phase, fluctuating between $0.75 and $1.3. After successfully correcting to the $0.75 support level, ADA is waiting for a decisive breakout.
- **Daily Chart**: ADA met resistance at $1.3, leading to sharp volatility and a downside correction. Currently, the price is stabilizing at the $0.75 support area, where there is strong buying demand, preventing further declines.
- **4-Hour Chart**: A falling wedge pattern indicates a bullish breakout if the upper band is broken. Currently, ADA is near the lower band, with increased buying interest. A breakout could see the price move towards $1.3; conversely, a break below the lower band could push the price down to the $0.5 support level. 📈🔍