Cardano test resistance by rising to $0.7138 in the last 24 hours, but the price pull back to $0.6859 by the end of the day. The price is currently focus on the critical $0.70 level, and if it can maintain this level as support, ADA may target higher prices. Although Charles Hoskinson’s statements have convinc investors of Cardano’s long-term potential, price movements are currently quite uncertain. In particular, a break of the $0.66 support level could signal the beginning of a larger trend. Cardano has a strong community and a structure that can be support by macroeconomic data. During this period, you should carefully follow whether the price can break out of its consolidation around $0.70.
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is entirely demand-driven
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