Cardano (ADA) Price Prediction for Today - Coin Edition

Cardano (ADA) Price Prediction for Today

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Cardano-ADA-Price-Prediction-Analysis
  • Cardano price today is at $0.88, down 0.3 percent, consolidating near the 20-EMA zone.
  • Smart Money Concepts show BOS and CHoCH signals, with sellers defending the $0.93 area.
  • RSI at 46 reflects neutral momentum, keeping ADA rangebound between $0.85 and $0.93.

Cardano price today is hovering at $0.88, easing 0.3 percent in the last session. The token can’t get past the $0.93 resistance zone, and buyers are still protecting support around $0.85. The immediate context shows that the price is staying above the 50-day EMA at $0.79, which means that the short-term structure is still in place even though there have been some recent pullbacks.

ADA Price Update and Chart View

Cardano price analysis (Source: TradingView)

Smart Money Concepts show a recent Change of Character (CHoCH) on the daily chart after a Break of Structure (BOS). This shows that bears are still active in the $0.93–$1.00 range. The weak high near $0.99 shows that there is a lot of supply, and the downside liquidity is at the $0.85 and $0.79 levels, where several EMAs meet.

Cardano price analysis (Source: TradingView)

The 4-hour chart gives more context, showing that ADA is moving inside a triangle that is getting smaller. The price is staying just above the channel support, and the 0.5 Fibonacci retracement at $0.84 adds to the demand. The RSI is at 46, which is neutral, and the MACD histogram is flattening. This makes us wonder why the price of Cardano has been going down lately. Sellers are still capping upside momentum, but oversold conditions aren’t visible yet.

Cardano Short-Term Outlook

For the next 24 hours, ADA will likely remain rangebound unless either boundary breaks decisively. A move above $0.93 could open the path to $1.00 and $1.03, while a failure to hold $0.85 risks a retest of $0.82 and possibly $0.79.

Forecast Levels

  • Support levels: $0.85, $0.82, $0.79
  • Resistance levels: $0.93, $1.00, $1.03

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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