So, Cardano‘s price has been on the up and up, because who doesn’t love a good underdog story? 🐕 It started at a measly $0.720 and now it’s hanging out around $0.80, just chillin’ above the 100-hourly simple moving average like it’s no big deal.
- ADA price is on the rise, because apparently $0.720 was just too low.
- The price is currently above $0.80, and the 100-hourly simple moving average is just a distant memory.
- There’s a fancy bullish trend line forming with support at $0.8280, because who doesn’t love a good trend?
- If it clears the $0.8650 zone, it’s game on for a fresh increase.
Cardano’s been doing its thing, quietly increasing in value while everyone’s distracted by Bitcoin and Ethereum. It’s like the introverted cousin at the family reunion – it’s there, it’s doing well, but nobody’s really paying attention.
The bulls are pushing the price up, and it’s currently consolidating gains above the 23.6% Fib retracement level. Because, you know, Fibonacci.
If it breaks through the $0.8650 zone, the next stop is $0.880, and then $0.90. And if it gets past that, well, let’s just say $1.00 is within reach. But no pressure.
On the downside, if it doesn’t make it past $0.8650, it might drop to $0.8280, or even $0.80. But let’s be real, the bulls are probably just waiting in the wings to scoop it up.
Technical Indicators, because you asked for them:
Hourly MACD – It’s gaining momentum, baby! 🚀
Hourly RSI (Relative Strength Index) – It’s above 50, which is, like, good.
Major Support Levels – $0.8280 and $0.8000, just in case.
Major Resistance Levels – $0.8650 and $0.9000, because who doesn’t love a good challenge?
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2025-07-18 08:12