Cardano (ADA) price #ADA has emerged from a short-term bearish trend earlier this month, and since then it has managed to stay above the previous resistance level represented by the descending trend line, indicating that the bulls (bullish speculators) are beginning to regain momentum despite the recent price weakness.

If the bulls can take control and push the price of ADA to a level of $0.67 for example, this could pave the way for it to rise to the resistance level near $0.80.

$ADA