Cardano (ADA) Price Prediction For September 11
Cardano price today is trading near $0.871, stabilizing after bouncing from $0.85 support. With derivatives positioning improving and Grayscale’s ETF staking plan making headlines, traders are now eyeing the $0.90–$0.95 zone as the next critical barrier.
Cardano Price Holds Channel Structure
The daily chart shows ADA trading within a rising channel that has guided price action since July. The lower boundary around $0.84–$0.85 acted as firm support last week, while the mid-channel trendline near $0.88 is now being retested.
Exponential moving averages remain supportive. The 20-day EMA at $0.84 and 50-day EMA at $0.82 are rising, while the 100-day EMA at $0.78 offers deeper structural backing. RSI currently sits at 55, reflecting balanced momentum with scope for further upside.
Related: Solana (SOL) Price Prediction For September 11
Clearing $0.90 would confirm renewed strength, setting up a move toward $0.95 and potentially $1.00 if momentum accelerates.
Derivatives Show Rising Open Interest
Market data highlights a steady pickup in derivatives acti…
The post Cardano (ADA) Price Prediction For September 11 appeared first on Coin Edition.
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Cardano (ADA) Price Prediction For September 11
Cardano price today is trading near $0.871, stabilizing after bouncing from $0.85 support. With derivatives positioning improving and Grayscale’s ETF staking plan making headlines, traders are now eyeing the $0.90–$0.95 zone as the next critical barrier.
Cardano Price Holds Channel Structure
The daily chart shows ADA trading within a rising channel that has guided price action since July. The lower boundary around $0.84–$0.85 acted as firm support last week, while the mid-channel trendline near $0.88 is now being retested.
Exponential moving averages remain supportive. The 20-day EMA at $0.84 and 50-day EMA at $0.82 are rising, while the 100-day EMA at $0.78 offers deeper structural backing. RSI currently sits at 55, reflecting balanced momentum with scope for further upside.
Related: Solana (SOL) Price Prediction For September 11
Clearing $0.90 would confirm renewed strength, setting up a move toward $0.95 and potentially $1.00 if momentum accelerates.
Derivatives Show Rising Open Interest
Market data highlights a steady pickup in derivatives acti…
The post Cardano (ADA) Price Prediction For September 11 appeared first on Coin Edition.
Read More
Dogecoin (DOGE) Price Prediction For September 11