Cardano

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Buyers are again more powerful than bears, according to the <a href="https://u.today/binance-coin-bnb-price-analysis-for-september-27" rel="noopener noreferrer nofollow">CoinMarketCap ranking</a>. 
<img data-entity-type="file" data-entity-uuid="7c224878-8040-4e5c-87c9-6caee4ca9e20" src="https://u.today/sites/default/files/inline-images/top10_682.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a> 
<h2 dir="ltr" id="ada-usd">ADA/USD</h2> 
The rate of Cardano (ADA) has increased by almost 2% over the last 24 hours. 
<img data-entity-type="file" data-entity-uuid="3ebb7312-1d86-4717-b226-1899f764f833" src="https://u.today/sites/default/files/inline-images/ada1_81.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the hourly chart, the price of Cardano (ADA) has broken the local support of $0.2476. There are low chances of seeing a further sharp rise by the end of the day; however, if the bar closes above the mentioned mark, growth might continue to the $0.25 zone tomorrow. 
<img data-entity-type="file" data-entity-uuid="d802c7c5-5c72-4c6d-95ec-de52c463519f" src="https://u.today/sites/default/files/inline-images/ada2_81.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
Buyers are also more powerful than sellers on the bigger time frame, as the rate is about to fix above the recently formed resistance of $0.2479.&nbsp; 
If that happens, the accumulated energy might be enough for an upward move to the $0.2520-$0.2540 area by the end of the week. 
<img data-entity-type="file" data-entity-uuid="6066f72e-8482-4b8c-8d4f-b266a1d5e608" src="https://u.today/sites/default/files/inline-images/ada3_70.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the midterm point of view, bulls are still far from a midterm rise, which means that the rate of Cardano (ADA) needs more time to accumulate power. In this case, sideways trading in the range of $0.2450-$0.2550 is the more likely scenario until mid-October. 
ADA is trading at $0.2488 at press time.

Cardano (ADA) Price Analysis for September 28

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