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🔥 Cardano on the Edge Will $ADA Break Free and Rally Hard?

koinmilyoner

Updated at: 8 hours ago

{"content":"🔥 Cardano on the Edge Will $ADA Break Free and Rally Hard? Above $0.7250, Cardano price rose again. ADA is consolidating and encountering obstacles at $0.760. ADA price rose over $0.7250 and $0.7320. The price is above $0.740 and the 100-hour SMA. The hourly ADA/USD paiR chart shows a bearish trend line with resistance at $0.7580. If it breaks $0.760, the pair might rise again. Cardano Price Could Rise Cardano rose from $0.710 in recent days, although it lagged Bitcoin and Ethereum. ADA cleared $0.7250 and $0.7320 resistance. The price crossed the 50% Fib retracement level of the latest slide from $0.7762 swing high to $0.7110 low. But the price is nearing two important upward obstacles, beginning with $0.7580. On the hourly ADA/USD chart, a negative trend line with resistance at $0.7580 is formed. Cardano is above $0.740 and the 100-hour SMA. Price may find resistance at $0.7580 and the trend line on the upward. First resistance is $0.760, the 76.4% Fib retracement of the latest slide from $0.7762 swing high to $0.7110 low. The next hurdle may be $0.7720. A closing above $0.7720 barrier might spark a powerful surge. In this situation, the price may reach $0.80. More increases may lead to $0.8250 soon. Another ADA Decline? Cardano's price might fall again if it fails to break $0.760. Near $0.7420 is immediate downside support. Near $0.7260 is the next important support. A drop below $0.7260 might test $0.710. The next significant support is $0.680, where bulls may appear. Tech Indicators Hourly ADA/USD MACD is rising in the positive zone. Hourly RSI - ADA/USD's RSI is over 50. Key Support Levels: $0.7420, $0.7260. Major resistance levels: $0.7600, $0.8000. #Cardano #BTC110KToday? #DinnerWithTrump #BinanceAlphaAlert #ADA $ADA ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/21/9a5a1b7022064e2c85cb6e71feb7f9e3.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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