Sentiment: Bullish
ADA is showing constructive price action, trading at $0.7954 with a healthy 2.92% gain over the past 24 hours. The current price sits just above the 20-day SMA ($0.7936) and comfortably above the 50-day SMA ($0.7849), indicating underlying bullish momentum. RSI at 55 suggests room for further upside before reaching overbought territory. Volume of $55.4 million provides adequate participation, while volatility of 3.17% indicates manageable price swings. The key resistance to watch is the $0.80 psychological level – a decisive break above could trigger momentum towards $0.82-$0.85. Support holds at the 20-day SMA around $0.793. Traders should consider accumulating on dips toward $0.79 with stops below $0.78. Given the technical setup, ADA appears poised for further gains if broader market conditions remain supportive.
Key Metrics
| Price | 0.7954 USDT |
| 24h Change | 2.92% |
| 24h Volume | 55456049.55 |
| RSI(14) | 55.16 |
| SMA20 / SMA50 | 0.79 / 0.78 |
| Daily Volatility | 3.17% |
Cardano — 1h candles, 7D window (SMA20/SMA50, RSI).
