Cardano (ADA) is currently experiencing lowered volatility, a signal that a sharp price movement could be imminent. This condition often precedes significant upward or downward price shifts, making it a critical time for traders to watch the market closely.
The key resistance levels at $0.36 and $0.42 are particularly important. If ADA can break through these levels, it could lead to substantial gains. Conversely, failure to surpass these thresholds could result in a downward trend.