Cardano (ADA) Eyes $0.94 Resistance After ETF Speculation Drives 15.7% Rally

Cardano (ADA) Eyes $0.94 Resistance After ETF Speculation Drives 15.7% Rally

ADA trades at $0.82 following Grayscale's ETF application catalyst. Technical indicators show bullish momentum with key resistance at $0.94 ahead. (Read More)

Cardano (ADA) Rebounds Strongly After Weekly Death Cross

Cardano (ADA), currently ranked as the 10th-largest cryptocurrency by market cap, has challenged bearish expectations in July. In late June, ADA formed a death cross on its weekly chart a pattern where the shorter-term moving average, such as the 50-week MA, drops below the longer-term 200-week MA. This signal typically forecasts prolonged downward pressure. However, Cardano defied the pattern with an unexpected price rebound. Strong July Perfor…

Cardano Death Cross Broken? ADA Defies Bears With 42% July Surge

Cardano rose for four weeks at stretch

Cardano (ADA) Price: Correction to $0.80 Following 15.7% ETF-Driven Rally

TLDR ADA trades at $0.80, down 2.77% in 24 hours after recent ETF speculation Grayscale’s spot ADA ETF application drove a 15.7% surge earlier this week Technical indicators show RSI at 60.13 with bullish MACD divergence Key support sits at $0.74 with resistance at $0.94 Trading volume remains elevated at $242.2 million on Binance Cardano’s price has retreated to $0.80 following a sharp rally triggered by Grayscale’s spot ADA exchange-traded fu…