Cardano (ADA) Price Prediction for March 2

The end of the week has turned out to be bullish for most of the coins, according to CoinStats.CoinStats">The price of Cardano has risen by 2.48% over the past 24 hours.TradingView">On the hourly chart, the rate of ADA has broken the local resistance of $0.6761. However, most of the ATR has been passed, which means any sharp moves are unlikely to happen by the end of the day.TradingView">On the bigger time frame, the price of ADA is on the way to the resistance level of $0.8309. If a breakout happens and the bar closes with no long wick, one can expect a breakout, followed by a test of the $0.85-$0.90 area.TradingView">From the midterm point of view, the rate is breaking the important level of $0.8309.If buyers can hold the gained initiative, the upward move may continue to the $0.90 mark.ADA is trading at $0.8438 at press time.