$ADA
Cardano’s price movement hovers near $0.607, mirroring a tug of-war between cautious sentiment and underlying ecosystem progress.
Short term indicators on the 4 hour chart including MACD and EMAs point toward a mild bearish structure as ADA trades below its key support averages.
The blockchain’s upcoming Ouroboros Phalanx upgrade reinforces security and performance. Cardano also cleared the AWS decentralization validation, while notable whale addresses continue accumulating.
Institutional selling pressure and fear of a $0.60 break are balanced by renewed optimism in network scalability and infrastructure growth leaving traders watching for a decisive move.
