Cardano price analysis (Neutral) — 0.89 USDT (+1.39% 24h)

ADA is showing mixed signals at the current level of $0.8859. The 24-hour price change of +1.385% indicates some bullish momentum, though it’s trading slightly below the SMA20 at $0.88658, suggesting potential resistance. The RSI at 50.29 is perfectly neutral, indicating neither overbought nor oversold conditions. Volume of over $100 million shows decent participation, while volatility of 2.66% suggests moderate price swings. The SMA50 at $0.87877 provides nearby support. Traders should watch for a break above the SMA20 with volume confirmation for a bullish move toward $0.90, while a break below SMA50 could test $0.86. Consider setting tight stops given the neutral RSI reading.