Cardano

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The majority of the coins keep trading in the green zone, according to the <a href="https://u.today/xrp-price-analysis-for-july-27-1" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>. 
<img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="f9263c1d-4d94-4046-8ac5-942a47c0f882" src="https://u.today/sites/default/files/inline-images/top10_569.png"> 
Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 id="ada-usd">ADA/USD</h2> 
The rate of Cardano (ADA) has increased by 1.26% over the last 24 hours. 
<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="c6f7c785-6448-4701-a472-f7a33d8ea72e" src="https://u.today/sites/default/files/inline-images/ada1_67.png"> 
Image by <a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the local time frame, the price of Cardano (ADA) has broken the resistance at $0.3108. If buyers can hold the initiative, the upward move may continue to the $0.3150 area tomorrow. 
<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="21377d82-8c33-4605-ab52-5a40ebace915" src="https://u.today/sites/default/files/inline-images/ada2_67.png"> 
Image by <a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the bigger time frame, traders should focus on yesterday's peak. If today's candle closes above it and with no long wick, the accumulated energy might be enough for a further rise to the $0.32 mark. Such a scenario is relevant until the end of the week. 
<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="ed5b1ccc-74b9-4c85-8f44-82d224b4d2a3" src="https://u.today/sites/default/files/inline-images/ada3_56.png"> 
Image by <a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the weekly time frame, the price of ADA has once again bounced off the support level at $0.2996. Until the mark is above the $0.30 zone, buyers have chances for local growth. 
In this regard, growth to the $0.32 area and above is the more likely scenario for the next few days. 
ADA is trading at $0.3117 at press time.

Cardano (ADA) Price Analysis for July 28

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