Oh, how the mighty have fallen! According to CoinStats, most of our dear digital darlings are facing a rather stern correction today. How utterly disappointing, isn’t it? 😒
ADA/USD
And what of our beloved Cardano (ADA)? Alas, it too has succumbed to the whims of the market, losing 1.63
On the hourly chart, ADA hovers tantalizingly close to the local resistance of $0.8577. Should the bulls muster the courage and strength to hold their ground, we might just witness a glorious breakout, leading to a delightful test of the $0.87 zone. How exciting! 🎉
However, when we cast our gaze upon the longer term, the picture is decidedly less rosy. One must keep a keen eye on the pivotal level of $0.8334. Should the daily bar dare to close below this sacred threshold, the gathered momentum could propel us into a darker, more bearish realm, perhaps even to the dreaded $0.80 mark. Oh, the humanity! 😱
From a mid-term perspective, ADA finds itself in a rather lonely place, far removed from both support and resistance levels. The volume is disappointingly low, suggesting that any dramatic movements will likely remain elusive until the month draws to a close. How dreadfully dull! 😴
At the time of writing, ADA is trading at a modest $0.8487. May it find its way back to glory soon, for the sake of all our digital dreams. 🌈
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2025-08-26 19:23