$ADA Price Struggles to Break Out—Traders Eye $0.7541 for Confirmation

Cardano (ADA) is entering a crucial technical phase as its price consolidates just below key resistance at $0.7701. Recent price action reveals indecision, with RSI holding neutral and MACD showing waning bullish momentum.

The 9-day and 20-day EMAs are flattening, hinting at a potential trend shift. Traders are watching for a breakout above $0.7754 or a breakdown below $0.7541 to confirm direction. A move past $0.8107 would signal renewed bullish control, while a dip toward $0.7014 could expose deeper downside risk.

Momentum is neutral, but the setup is ripe for volatility. Traders are advised to monitor these levels closely for actionable signals.

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Read the full analysis: www.ecoinimist.com/2025/05/21/ada-price-struggles-to-breakout