Fluctuations, Resistance, and Potential Price Levels

Over the past week, Cardano experienced fluctuations within a specific range and demonstrated a consistent response to levels that were identified as support and resistance. The resistance level at $0.3050 continues to elicit negative reactions, but if market conditions remain favorable, it is possible for this resistance to be surpassed, leading to a potential increase in ADA's price towards the next range at $0.232. It is worth noting that the subsequent resistance range is expected to trigger a stronger negative reaction compared to the $0.30 range. Consequently, there is a possibility of further price decline, potentially testing support levels at $0.24 and $0.23.