Cardano (ADA) Breaks Through $0.60 Resistance – But Will Buying Momentum Sustain?

Cardano (ADA) recently surged past the $0.60 resistance, reaching a high of $0.6367 before pulling back. This move signifies a crucial milestone for the coin, now aiming to retake the $1 mark. While ADA’s price action is positive, investor sentiment remains cautious with trading volume currently in the red zone at $964.87 million, reflecting a decline of 29.36%. Further gains depend on sustained buying pressure.