Cardano (ADA) Price Analysis for July 14
The crypto market keeps rocketing on the first day of the week, according to CoinStats.CoinStats">
The price of Cardano 
ADAUSD has gone up by 2% over the last 24 hours.TradingView">
On the hourly chart, the rate of ADA is in the middle of the local channel, between the support of $0.7343 and the resistance of $0.7683. As none of the sides is dominating, there are low chances of seeing increased volatility by tomorrow.TradingView">
On the longer time frame, the situation remains bullish as the price is approaching the resistance of $0.77. However, the volume keeps going down, which means buyers might need some time to accumulate energy for a further move.
In this case, sideways trading in the area of $0.75-$0.77 is the most likely scenario.TradingView">
From the midterm point of view, there are no reversal signals yet. If the breakout of the nearest resistance level occurs, one can expect a test of the $0.90-$1 zone soon.
ADA is trading at $0.7580 at press time.