Cardano (ADA) has risen by 3.13% in the past 24 hours. The price remains bullish, and if ADA closes near the $0.3988 resistance today, a breakout could push it to the $0.4020-$0.4040 range tomorrow.
On the hourly chart, if buyers break the key $0.40 zone and hold, a test of $0.42 is possible by month’s end. The overall outlook remains positive.
From a midterm perspective, the weekly bar needs to close near its peak without a long wick for continued growth toward $0.45. ADA is currently trading at $0.3987.