Recent market trends paint a mixed picture, with most cryptocurrencies experiencing downward pressure while some see gains. Cardano (ADA), however, faces a volatile situation as its price continues to fluctuate. According to CoinMarketCap data, the ADA/USD exchange rate dropped 1.10% from yesterday and has fallen 5.46% over the past week. Analysis of the hourly chart reveals a recent upward movement after a false breakout of support at $0.6211. This momentum could test resistance in the $0.64 area next week. On the larger timeframes, the overall outlook remains bearish with prices hovering near the crucial support level of $0.6104. A breakout here would potentially lead to a move into the $0.58-$0.60 range. Mid-term analysis indicates no clear reversal signals, but if the interim resistance at $0.60 is breached, traders may observe a decline toward the $0.55 area.