Cardano Price: Breaking Through Resistance Key to Reaching $1 Liquidity Zone

While recent Cardano price recovery has shown some signs of life, resistance levels remain a significant obstacle for ADA’s continued climb toward its $1 liquidity zone. 24-hour trading volume reveals that despite brief intraday rallies, Cardano (ADA) is still grappling with limitations as it seeks to reach higher highs. The broader market sentiment leans bearish, evident in the recent weekly chart performance showing losses of nearly 10.5% and a further decline of over 26%, according to 7-day and 30-day performance reports. This trend has resulted in a drop to Cardano’s current market cap of $15.28 billion. As the market awaits a decisive shift, will bulls or bears ultimately gain dominance?