Is ADA ready for a midterm rise? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity
Cardano has followed the sharp rise of Bitcoin , going up by 8.35% over the last 24 hours.On the hourly chart, the price of Cardano has started a sharp rise after the breakout of the important zone of $0.40.
If buyers can hold the gained initiative until the end of the day, the upward move may continue to $0.43.On the daily time frame, the rate of Cardano has continued to grow after yesterday's bullish closure. However, the price has not even returned to the middle of the channel, which means that it is too early to think about a reversal.
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