$ADA : Steady at $0.7970, What’s Next?
Cardano’s ADA is consolidating near $0.7970, down slightly by -1.10% in the last 24 hours. After a high of $0.8217 and a low of $0.7655, the market is showing signs of a potential breakout.
Key Metrics:
• 24H High: $0.8217
• 24H Low: $0.7655
• MA Levels:
• MA(7): $0.7920
• MA(25): $0.7914
• MA(99): $0.7642
Market Analysis:
• Support Zone: Holding strong at $0.7650.
• Resistance Levels: Facing selling pressure near $0.8100-$0.8200.
• ADA recently bounced off the MA(99), signaling possible bullish momentum if the price sustains above $0.8000.
Volume Insight:
• Volume: $455.57M traded in ADA, indicating active market participation.
Will ADA manage to break above $0.8100, or is a retest of support imminent? Stay tuned for the next move!