$ADA Cardano (ADA) Price Update 📉➡️📈

Current Struggles

Cardano is finding it tough to break past $1, despite its 2% gain in the last 24 hours, trading at $0.912.

Key Levels to Watch

• Resistance: $1.2046 is blocking further gains after ADA’s 205% rally (from $0.4322 to $1.32).

• Support: Critical levels at $0.7683, $0.4322, and lower at $0.3166 and $0.2427 in case of a downturn.

Analysis Insights

ADA is in a cooling phase after entering the overbought RSI zone at 82.87.

• Price corrections could dip to $0.43, but holding above this level is key for a bullish outlook.

Future Outlook

If ADA surpasses $1.2046, it may test its $3.09 ATH and even set new highs in this cycle. Long-term sentiment remains positive despite short-term corrections.

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