- According to the hourly ADA/USD chart, we see a sustained uptrend above the trendline support.
- ADA/USD is currently trading above both the 50 SMA and the 100 SMA on the same 1-hour chart.
Cardano has been on an upward trajectory since the beginning of March. Over the last three weeks, the crypto has increased 35% to trade at $0.066 at the time of press. In the last 24 hours, Cardano has witnessed a 10% rise.