Cardano

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Buyers are getting back in the game at the end of the week, according to <a href="https://u.today/toncoin-ton-prediction-for-august-28" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="e0319893-963d-4159-976d-a6005b8f3724" src="https://u.today/sites/default/files/inline-images/top10_1325.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
The rate of Cardano (ADA) has increased by 1.6% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="d04bdc6b-af1c-439d-8035-bd4fbd15cc50" src="https://u.today/sites/default/files/inline-images/ada1_122.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of ADA might have found a local resistance level of $0.3652. It the daily bar closes near it, there is a chance to see a breakout, followed by an ongoing rise to the $0.37 zone. <img data-entity-type="file" data-entity-uuid="abd161cd-0bcb-4e7e-92a3-93f068f9c77c" src="https://u.today/sites/default/files/inline-images/ada2_121.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The rate of ADA is rising after a false breakout of the support level of $0.3419. If the bar closes near its peak, the upward move may continue to the $0.38 range until the end of the week. <img data-entity-type="file" data-entity-uuid="34ce8508-b4b7-4d28-8b43-f44bb81efda9" src="https://u.today/sites/default/files/inline-images/ada3_106.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, buyers are not ready to keep the growth going. Such a statement is confirmed by the falling volume.
Bulls may start thinking about further growth only of they restore the rate of ADA above the $0.40 zone.
ADA is trading at $0.3643 at press time.

Cardano (ADA) Prediction for August 29

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