🧠 ADA (Cardano) – Daily Technical Update (July 2025)
📌 Current Snapshot:
Price: ~$0.79–$0.80 (as of today)
Market Cap: ~$28–30B (Top‑10 asset)
ATH: ~$3.10 → Price is down ~74% from peak
📊 Technical Overview (1‑Day Timeframe):
RSI (14‑Day): ~65 → neutral‑bullish territory, not yet overbought
MACD: Bullish bias – MACD line above signal line, green histogram indicates momentum
EMA Support: Daily price staying above 20‑day EMA ($0.76), plus alignment with EMA50/100/200 giving strong support base
Chart Pattern: Price has formed a symmetrical triangle or falling wedge, often preceding impulsive upside breakouts
if it's below $0.79 we can se $0.76 to $0.74!
