Cardano (ADA) is currently trading around $0.43, with a market cap of $16.65 billion.
Support and Resistance Levels
- *Support Levels*:
- $0.3951
- $0.3915
- $0.3820
- $0.42 (key psychological support)
- *Resistance Levels*:
- $0.4622
- $0.4668
- $0.5000
- $0.4468 (Fibonacci Level 0.236)
The price is currently below the 200 EMA ($0.475), indicating a bearish trend. However, the narrowing EMAs suggest a potential big move in the near future ¹ ² ³.
