Cardano price holds support, momentum shows early improvement
ADA stays above support as RSI rises to the low 40s. The 9-day EMA is nearing a falling 20-day, and the MACD histogram expands below zero. Dense ask walls and resistance continue to curb upside.
Cardano (ADA) traded steady above a nearby support level in spot trading today, while momentum gauges showed early improvement and sell orders capped attempts to rally.
On the daily chart, recent closes held short-term support after sharp swings. The Relative Strength Index moved up from oversold conditions into the low 40s.
The 9-day exponential moving average has turned higher. The 20-day average is still drifting lower. The gap between them is narrowing.
The MACD histogram has expanded on the positive side across recent sessions, yet both the MACD and signal lines remain below zero.
Order books show sizable buy interest below price and dense sell orders above it. Multiple ask clusters sit over spot, limiting follow-through on intraday bounces. The largest sell wall above the market has stopped recent pushes.
ADA trades below several resistance areas linked to previous selling. The 20-day EMA slopes down, and both MACD lines are under zero, while short-term measures improve near support.
As GNcrypto wrote previously, Cardano follows a peer‑reviewed development model, with ongoing work on the Basho scalability and Voltaire governance phases and the Ouroboros proof‑of‑stake protocol. In 2025, Charles Hoskinson presented “blockchain abstraction” to link Cardano with Ethereum, Solana, and Bitcoin. Plans were announced to integrate Ripple’s RLUSD stablecoin, and in August 2025 a joint project with Ripple added XRP to the Lace wallet and enabled RLUSD payroll services. ADA was added to a Grayscale multi‑currency ETF, and new dApps, NFT projects, and financial services launched on the network.
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