Cardano price analysis (Neutral) — 0.90 USDT (-0.38% 24h)

ADA is showing mixed signals with the price currently at $0.8998, slightly above the 20-day SMA of $0.89619 but below the 50-day SMA of $0.89738, indicating near-term consolidation. The 24-hour change of -0.376% reflects minor selling pressure, though volume remains healthy at over $42 million, suggesting active participation. The RSI at 61.63 is in neutral territory, not yet overbought, which leaves room for upward movement if buyers step in. Volatility is moderate at 2.86%, typical for ADA’s recent behavior. Given the tight range between SMAs, I advise watching for a breakout above $0.90 for a bullish signal or a drop below $0.895 for further downside. Consider setting tight stop-losses around $0.892 if long, and wait for clearer momentum before adding new positions.