$ADA

ADAUSDT

Perp

0.4112

-2.97%

Technical Analysis

Cardano (ADA) broke above its 20-day EMA ($0.44) on Tuesday, indicating that selling pressure is easing. $ADA

The bulls will attempt a recovery by pushing the Cardano price above the 50-day SMA ($0.51). If they succeed, the ADA/USDT pair could climb to $0.60 and then to $0.70. $ADA

Conversely, if the price drops sharply from the breakout of $0.50 and slips below the 20-day EMA, this would indicate that the bears have turned this level into resistance. The pair could then fall to $0.37. #USJobsData #BinanceBlockchainWeek #WriteToEarnUpgrade #TrumpTariffs #BinanceAlphaAlert