$ADA will mark $1 ?
#Cardano (ADA) has seen a sharp rejection from the $0.84 resistance zone, pulling back to around $0.76. From a technical standpoint, ADA is holding above the key support at $0.72, which previously acted as resistance — now a crucial level to watch.
The MACD is showing signs of convergence, and the stochastic RSI is rising from oversold territory, hinting at a possible short-term bounce. However, bulls need to reclaim $0.82–$0.84 to regain momentum and target the $1 mark.
On-chain signals remain strong, with nearly 1B ADA withdrawn from exchanges, suggesting growing investor confidence. If this support holds, we could see a healthy consolidation before the next leg up.