Cardano (ADA) Price This Weekend: Stuck in a Range, What to Expect
- Cardano (ADA) weekend outlook: Stuck consolidating near $0.656, below $0.70 resistance
- Charts show weak momentum: ADA below key moving averages, RSI neutral, BBs squeeze
- Weekend levels: Watch support near $0.64, resistance near $0.68 for breakout direction
Cardano (ADA) is heading into the weekend (Apr 5-6) trading around $0.656, struggling to gain ground after being rejected multiple times from the tough resistance zone between $0.70 and $0.75.
The token seems stuck in a sideways pattern, suggesting buyers currently lack the conviction to push prices higher. With a descending trendline also capping rallies near the $0.70 psychological mark, ADA’s short-term outlook leans cautious unless ADA can manage a clear breakout.
Looking at the 4-hour chart, there’s a noticeable pile-up of potential selling pressure above $0.70. On the flip side, buyers have stepped in twice recently to defend the $0.62 to $0.64 support area. As long as ADA stays below $0.70, sellers have the edge.
What the Charts Say About ADA
Technical indicators paint a picture of weak momentum right now. On the 4-hour chart, ADA is trad…
The post Cardano (ADA) Price This Weekend: Stuck in a Range, What to Expect appeared first on Coin Edition.
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Cardano (ADA) Price This Weekend: Stuck in a Range, What to Expect
- Cardano (ADA) weekend outlook: Stuck consolidating near $0.656, below $0.70 resistance
- Charts show weak momentum: ADA below key moving averages, RSI neutral, BBs squeeze
- Weekend levels: Watch support near $0.64, resistance near $0.68 for breakout direction
Cardano (ADA) is heading into the weekend (Apr 5-6) trading around $0.656, struggling to gain ground after being rejected multiple times from the tough resistance zone between $0.70 and $0.75.
The token seems stuck in a sideways pattern, suggesting buyers currently lack the conviction to push prices higher. With a descending trendline also capping rallies near the $0.70 psychological mark, ADA’s short-term outlook leans cautious unless ADA can manage a clear breakout.
Looking at the 4-hour chart, there’s a noticeable pile-up of potential selling pressure above $0.70. On the flip side, buyers have stepped in twice recently to defend the $0.62 to $0.64 support area. As long as ADA stays below $0.70, sellers have the edge.
What the Charts Say About ADA
Technical indicators paint a picture of weak momentum right now. On the 4-hour chart, ADA is trad…
The post Cardano (ADA) Price This Weekend: Stuck in a Range, What to Expect appeared first on Coin Edition.
Read More
Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves