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CARDANO HOLDS FIRM — READY TO BREAK OUT OR BREAK DOWN?
Cardano ($ADA ) is consolidating above $0.5650 despite losing steam from its recent $0.590 high. While Bitcoin and Ethereum pushed higher, ADA cooled off, forming a bullish trendline support at $0.5640.
Key resistance sits at $0.5735 and $0.5820 — a breakout above these levels could trigger a strong rally toward $0.620 and even $0.6350.
However, if ADA fails to clear resistance, it risks retesting $0.5460 or even $0.5250.
The RSI is below 50 and the MACD shows weakness, signaling caution in the short term.
Is this just consolidation before liftoff — or a deeper correction brewing?
#CARDANO #ADAALERT #ADACHARTS #CRYPTOUPDATE #BULLORBUST
Cardano ($ADA ) is consolidating above $0.5650 despite losing steam from its recent $0.590 high. While Bitcoin and Ethereum pushed higher, ADA cooled off, forming a bullish trendline support at $0.5640.
Key resistance sits at $0.5735 and $0.5820 — a breakout above these levels could trigger a strong rally toward $0.620 and even $0.6350.
However, if ADA fails to clear resistance, it risks retesting $0.5460 or even $0.5250.
The RSI is below 50 and the MACD shows weakness, signaling caution in the short term.
Is this just consolidation before liftoff — or a deeper correction brewing?
#CARDANO #ADAALERT #ADACHARTS #CRYPTOUPDATE #BULLORBUST
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