Cardano (ADA) Price Prediction for July 9
Main Idea
The article discusses Cardano (ADA) price movements and potential bullish trends for the second part of the week, based on recent performance and technical analysis.
Key Points
1. Cardano (ADA) price increased by 2.23% over the last 24 hours.
2. A local resistance level of $0.599 has been identified on the hourly chart.
3. If buyers maintain momentum and the daily bar closes near its peak, ADA could test the $0.6117 resistance level by the end of the week.
4. ADA is currently trading at $0.5973 at the time of publication.
5. The midterm outlook suggests ADA is far from key levels, indicating potential for further movement.
Description
Can second part of week be bullish for Cardano (ADA)?
$ADA
$0.8046
-2.32%
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