$ADA

The bulls are trying to sustain the price above the $0.86 resistance. If they succeed, the

ADAUSDT

pair could climb to $0.95 and later to $1.02.

The first sign of weakness on the downside will be a break and close below the 20-day SMA. That could sink Cardano’s price to the 50-day SMA ($0.72). This is a crucial level for the bulls to defend because a break and close below the 50-day SMA may tilt the advantage in favor of the bears.

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