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HomeCoinsCardanoCardano price analysis (Bullish) — 0.79 USDT (+2.12% 24h)

Cardano price analysis (Bullish) — 0.79 USDT (+2.12% 24h)

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Market Insight — ADAUSDT
Sentiment: Bullish

ADA is showing modest bullish momentum, trading at $0.791 with a 2.12% gain over 24 hours. The current price sits just above both the 20-day SMA ($0.787) and 50-day SMA ($0.781), indicating potential support consolidation. RSI at 53.67 suggests neutral territory with slight bullish bias, though not yet overbought. Trading volume of $67.5 million appears healthy but not explosive. Volatility at 3.37% indicates moderate price swings typical of ADA’s character. Key resistance sits around $0.80-$0.82, while support holds near the SMA confluence at $0.78. Traders should watch for volume-backed breaks above $0.80 for continuation plays, with stops below $0.775. The current setup favors cautious longs with tight risk management, as ADA needs stronger momentum to sustain upward movement.

Key Metrics

Price 0.7910 USDT
24h Change 2.12%
24h Volume 67517069.02
RSI(14) 53.67
SMA20 / SMA50 0.79 / 0.78
Daily Volatility 3.37%

Cardano — 1h candles, 7D window (SMA20/SMA50, RSI).

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