Cardano Price Teeters on Breakout Above Key Resistance Zone

The Cardano price remains within the $0.20-$0.23 range after failing to hold above $0.23.

Key developments include its integration with Coinbase's x402 payments protocol, whale accumulation of over 60 million ADA, and partnerships with Mastercard and Injective.

A bullish path indicates a target of $0.24, while a neutral path keeps the price between $0.2115 and $0.23.

On-chain data shows mixed signals, including large wallets accumulating ADA and short positions being liquidated.