rewrite this title Cardano (ADA) Price Prediction For January 13

However, the ADA price appears to be struggling and facing a decline after yesterday’s impressive gain of over 7%.

Current Price Momentum

Currently, ADA is trading near $0.968 and has experienced a price decline of over 2.85% in the past 24 hours. However, during the same period, due to the recent breakout of the bullish price action pattern, investors and traders have shown strong participation in the token, resulting in a 27.5% increase in trading volume.

Cardano (ADA) Price Action and Upcoming Levels 

With the recent price decline, the ADA price has reached the breakout level, and it appears that the price has come to this level for a retest, aiming for further upside momentum. As long as the altcoin maintains itself above the 200 Exponential Moving Average (EMA) on the four-hour time frame and the $0.955 level, ADA remains bullish.

ADA Price Prediction 

Based on the recent price action, there is a strong possibility that ADA could soar by 17.5% to reach the next resistance level of $1.135 in the coming days. On the positive side, ADA’s Relative Strength Index (RSI) is neither in the overbought area nor oversold, indicating that the asset has enough room for significant upside momentum.

This bullish price action pattern and recent whale activity indicate potential upside momentum and an ideal buying opportunity.