The Cardano (ADA) price has experienced a positive surge today, increasing by 7.64% according to CoinStats. The current hourly chart reveals ADA hovering near the middle of a tight channel between support at $0.6061 and resistance at $0.6338. If the daily candle closes above the upper level, a breakout could lead to a price jump towards the $0.64-$0.65 range. Longer-term analysis suggests that if yesterday’s high is near or above $0.64, there may be further testing of the $0.66 mark. Notably, ADA has once again rebounded off support at $0.5192. A strong weekly candle closing far from this level could propel growth towards $0.70 by week’s end. As of press time, the price of ADA is at $0.6178.