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HomeCoinsCardanoCardano price analysis (Bullish) — 0.95 USDT (+6.70% 24h)

Cardano price analysis (Bullish) — 0.95 USDT (+6.70% 24h)

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Market Insight — ADAUSDT
Sentiment: Bullish

ADA is showing strong momentum with a 6.7% surge over the past 24 hours, pushing the price to $0.9455. The RSI at 69.6 is approaching overbought territory but hasn’t crossed the critical 70 threshold yet, suggesting there might be some room left for upward movement. Both the 20-day SMA at $0.925 and 50-day SMA at $0.904 are acting as support levels, with the current price trading above them, indicating a bullish trend structure. The 24-hour volume of $181M is healthy, supporting the price move. However, traders should be cautious as the elevated volatility of 2.48% could lead to sharp pullbacks. Consider taking partial profits near the $0.95-$0.96 resistance zone and set stop-losses below $0.92 to protect gains. A break above $0.96 could target the $1.00 psychological level.

Key Metrics

Price 0.9455 USDT
24h Change 6.70%
24h Volume 180976909.64
RSI(14) 69.64
SMA20 / SMA50 0.93 / 0.90
Daily Volatility 2.48%

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

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