#CardanoDebate
General interpretation
The price is currently in a consolidation range: $0.63–0.64 USD.
Recent movements have been affected by uncertainty surrounding the liquidity proposal of ADA from the community treasury, although buying by large investors indicates possible bullish signals.
Technically, ADA seeks support around ~0.62–0.63 and resistance near 0.645–0.65; the resolution of the proposal could define its direction in the short term.
