Coin-Turk 13 minutes ago
20
Cardano 
$0.701326 (ADA ($0.70)) price is struggling to maintain support levels due to weak bullish trends and market corrections. Current technical indicators show that the price continues to remain below certain resistance zones. If the price performance mimics the model from 2020, it is predicted that Cardano has the potential for value appreciation in the long term. However, the fluctuating market conditions increase uncertainty.
Technical Indicators and Price Levels for ADA
Technical analyses indicate that ADA has found support at the $0.60 level, while the $0.90 level serves as a significant resistance point. The RSI (Relative Strength Index) stands at 36, suggesting that ADA is emitting weak momentum signals. It is noted that further downward movement may occur if the price falls below the current support.
If ADA can maintain these support levels and break the resistance zone, a target of $1.00 could be on the horizon. However, current low trading volumes reveal that upward momentum rem…
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