$ADA Begins a Steady Climb — Is Momentum Brewing Again?
After briefly dipping to $0.6701, Cardano (ADA) is showing signs of resilience, climbing back to $0.6939. The 30-minute RSI is hovering around 69, suggesting building bullish strength—though traders should be cautious, as this nears overbought territory.
Current Snapshot:
24h High: $0.7183
24h Low: $0.6701
Volume: 129.88M ADA / 90.15M USDT
Buyers are slowly regaining control. A clean break above the $0.6980 resistance could ignite fresh momentum toward $0.7100 and beyond. However, a failure to hold $0.6850 might open the doors to another dip as support levels get retested.
Key Level to Watch: Volume.
Rising volume alongside price would confirm growing bullish confidence. Without it, upward moves may lack staying power.
Conclusion: ADA is tiptoeing into recovery mode—cautious optimism is warranted, but keep your eyes on the charts. Momentum is brewing, but confirmation is key.