#Cardano (ADA)
After a difficult period in June, ADA appears to have finally found a local bottom above 50 cents. Most recently, the price made a higher high and managed to close the week with a 5% increase. This is encouraging and may allow it to reverse its downtrend.
With buyers in control, theh altcoin has a good chance to test the resistance at 64 cents which used to act as a key support in the past. To turn the bias bullish, ADA will have to move its price above $0.64
This cryptocurrency has a difficult road ahead since it has been making lower lows for over six months. To reverse this, buy volume has to increase significantly. A first step towards that is to reclaim $0.64.
