Forecasting Cardano (ADA) Value for the Current Week

Cardano (ADA) is on an upward trend and is aiming to reach 90 cents. Despite securing a level of 64 cents as support, the buying volume remains low, reflecting hesitation. Increased buying conviction is required for the cryptocurrency to test the 90 cents resistance. ADA's price action has turned bullish after a higher low reversal, supporting the 64 cents level and hinting at a possible return to a $1 value.

However, sustained momentum is needed to maintain this uptrend. Despite ADA's recent success, the volume continues to decline, creating a bearish divergence when compared to the price. A higher valuation could attract more buyers, potentially reversing this trend and supporting a sustained uptrend.