#CardanoDebate Cardano is trading around $0.64, marking a modest dip today after rejecting the $0.70 resistance earlier this week . Technical momentum remains tilted bearish: ADA broke below an ascending wedge on the 4‑hour chart, while key EMAs (20/50/100/200) loom overhead between $0.68–$0.71 .

Indicators show short-term exhaustion—oversold RSI near 38 and MACD flattening—hinting at a possible bounce, but a clear reversal would require reclaiming at least $0.6490–$0.65 . Volume is low and broader altcoin sentiment remains weak, with ADA down ~26 % YTD versus BTC’s 14 % gain .