Can the rate of ADA grow shortly? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io
If the situation does not change, the possible breakout may lead to a rise to the $0.37-$0.3720 zone tomorrow.On the daily time frame, the rate of Cardano keeps accumulating energy for a further move. Volume remains low, which means that one should not expect a sharp blast soon.
However, if the candle closes with no long wicks and above the $0.37 mark, bulls could seize the initiative.From the midterm point of view, Cardano is also trading sideways as the price is in the middle of the wide channel. Thus, the volume keeps going down. In this regard, ongoing consolidation in the range of $0.36-$0.38 is the more likely scenario for the next days.
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