Cardano (ADA) prices have shown positive movement, with the rate increasing by 0.56% since yesterday. CoinStats indicates a bullish trend on the hourly chart as the price is near local resistance at $0.8737. If it breaks through this level, traders could see a test of the $0.89-$0.90 zone shortly. Looking at longer time frames, ADA’s rate remains relatively unchanged and focusing on yesterday’s candle’s closing is crucial. A close near it with minimal wicks suggests continued growth towards the $0.90 mark. Analysts highlight similar trends on a midterm view; neither side holds dominance, making the psychological zone of $1 critical. A close above this level likely indicates continued upward movement toward the $1.20 range.