$ADA breakout above the $0.707 level could pave the way for higher levels, including $0.731, and possibly $0.777. The Ichimoku cloud indicator on TradingView shows that ADA is trading below key trend lines, although the future cloud has turned green.

For momentum to turn bullish, ADA will need to reclaim the baseline and close above the cloud. An increase in trading volume and surpassing the resistance level at $0.85 could lead to a larger increase in the coming weeks.