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🧱 ADA Hits a Wall — Will Buyers Step In Before It’s Too Lat

koinmilyoner

Updated at: 2 days ago

{"content":"🧱 ADA Hits a Wall — Will Buyers Step In Before It’s Too Late? Cardano fell below $0.80 again. ADA is consolidating and may rebound over $0.780. Below $0.80 and $0.780, ADA price fell again. The price is above $0.750 and the 100-hour SMA. ADA/USD broke above a bearish trend line with resistance at $0.750 on the hourly chart. The pair might rise again if it breaks $0.7840 barrier. Cardano Price May Recover Cardano fell below $0.7550 in recent days, unlike Bitcoin and Ethereum. ADA fell below $0.740 before the bulls emerged. After a low of $0.7287, the price is trying to rebound. Price broke $0.750 barrier. Price moved beyond the 23.6% Fib retracement level of the latest fall from $0.8380 swing high to $0.7287 low. ADA/USD broke above a bearish trend line with resistance at $0.750 on the hourly chart. Cardano is above $0.740 and the 100-hour SMA. The price may encounter resistance at $0.7680 on the upside. The 50% Fib retracement of the latest slide from the $0.8380 swing high to the $0.7287 low is approaching $0.7840, the first resistance. The next hurdle may be $0.80. A closing above $0.80 barrier might spark a powerful surge. In this situation, the price may reach $0.820. More increases may lead to $0.8350 soon. Another ADA Decline? If Cardano fails to break $0.7680 barrier, it might fall again. Near $0.750 is immediate downside support. Near $0.740 is the next important support. A drop below $0.740 might challenge $0.7260. The next significant support is $0.70, 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: $0.750, $0.740. Major resistance levels: $0.78400, $0.8000. #Cardano $ADA ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/29/fe893bb526184f28a56ae825afdc29b9.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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