Cardano price analysis (Neutral) — 0.90 USDT (-0.36% 24h)

ADA is currently trading at $0.9031, showing a slight decline of 0.36% over the past 24 hours. The price is hovering just above the 20-day SMA ($0.8977) but remains below the 50-day SMA ($0.9102), indicating potential resistance around the $0.91 level. With an RSI of 57, ADA is in neutral territory but leaning toward overbought conditions. The 24-hour volume of $89 million suggests moderate interest, while volatility at 3.01% reflects typical market swings. Given the current technical setup, I’d advise caution on long positions until we see a decisive break above $0.915. Consider setting stop-losses below $0.895 if holding, and watch for increased volume to confirm any directional moves. Short-term traders might find range-bound opportunities between $0.895-$0.910.