Cardano (ADA) is trading at $0.35 and is attempting to surpass the key resistance level of $0.36. The increase in whale activity suggests potential for movement in ADA's price.
The Balance of Power indicator is showing favorable conditions which could support a breakout and lead to a rise in ADA's value beyond $0.36. If it surpasses this level, ADA could experience higher potential highs. However, it is crucial to monitor support levels to gauge the sustainability of this uptrend.
Market watchers and investors are optimistic about ADA's performance due to these positive indicators, with eyes firmly fixed on its ability to break through current resistance and establish new support levels. The upcoming days could be pivotal for ADA's trajectory in the crypto market.
