$ADA ADA has gained 1.22% since yesterday. Last week, the price fell by 8.94%.

On the hourly chart, the local resistance is at $0.5908. If the daily close is above this level, a rise to $0.60 is possible.

Looking at the larger timeframe, the price of ADA is approaching the $0.5950 resistance level. If it closes near this value or even above it, the accumulated energy may hit $0.60-0.61.

The situation on the weekly chart is not so optimistic. Currently, the price is holding near the $0.5680 support level, which is a bearish sign from a medium-term perspective.

If the support is broken, a larger correction will occur in the $0.50 area. #ADA