U.Today reports that Cardano’s price has experienced a slight upward trend today, with an increase of 0.81% according to CoinStats. The hourly chart shows a false breakout above the local support level of $0.6638. If this daily bar closes far from this mark, we could see testing of the $0.70 zone soon. However, on a longer time frame, the picture is less clear. Low trading volume suggests neither bulls nor bears have complete control. Consequently, sideways movement in the narrow range of $0.66 to $0.70 seems more likely. On the weekly chart, there are currently no reversal signals; if bulls fail to gain momentum, we may see further decline towards the $0.55-$0.60 range by the end of February. As of press time, ADA is trading at $0.6767.