Cardano has entered a difficult phase as selling pressure intensifies across the crypto market. The price of ADA has fallen below the $0.60 level, a critical threshold that previously acted as both support and a psychological anchor for traders. With this breakdown, bullish momentum has faded, and the asset now faces mounting resistance amid a…
Cardano (ADA) is staging a cautious rebound after testing the critical $0.52–$0.57 support range, a zone that has historically triggered major reversals. Market analyst Ali Martinez highlighted that every touch of this area since late 2024 has resulted in a sharp upside reaction, signaling strong buyer interest. ADA now trades around $0.53, with bulls aiming…
An analyst has pointed out how Cardano is retesting a level that has helped the asset’s price rebound multiple times during the past year. Cardano Is Retesting The Support Level Of A Parallel Channel In a new Parallel Channel, a type of consolidation channel from technical analysis (TA). A Parallel Channel forms whenever an asset’s…