Cardano (ADA) Price Analysis on February 8 as Bulls Aim for the $0.30 Zone

On February 8, Cardano's ADA traded around $0.2736 after gaining 2% over the previous 24 hours. Intraday charts show the price rebounding from local support at $0.2694, while on higher time frames ADA sits between support at $0.2436 and resistance at $0.3034. From a midterm view, a repeated bounce from $0.22 suggests bulls could push toward the $0.30-$0.35 range if the weekly close remains well above that support.