- Cardano (ADA) looks $ 0.74 Resistance after an escape from the Haussier graphics models.
- Cardano's “Ouroboros Leios” is aimed at improving speed and supporting DEFI, NFTS
The Leader Altcoin price, Cardano (ADA) fell 1.07% in the last 24 hours, exchanging $ 0.6835 During press time. The price fluctuated between $ 0.6692 and $ 0.6936, reflecting short -term market instability. This movement pursues a broader volatility trend while the token is struggling to maintain a lasting rise. In addition, Cardano remains down approximately 78% compared to its peak of $ 3.10 reached in September 2021.
The short-term technical indicators show no clear rupture above the resistance or the rupture below the support. Ada’s immediate support is $ 0.66,690, while the resistance is nearly $ 0.6935. The five -minute graph shows frequent price reversals in this tight beach. The volume activity remains coherent, but the momentum seems limited. The MacD lines oscillate around the zero line, suggesting a neutral feeling. Haussiers and lowering multisgments are present but lack monitoring of the action of important prices.
Haussiers models emerge in the structure of daily graphics
On the daily delay, Cardano recently broke out of a falling corner pattern, commonly considered as a bullish reversal signal. In addition, a reverse head and shoulder formation has appeared, which often signals the potential for upward movement. These technical models suggest that ADA can prepare for an escape if the key levels are exceeded.
The table of analyst Ali indicate This cardano has been negotiated in a channel descending since the beginning of 2025. The current movement towards the border of the upper canal suggests a renewal of purchasing interests. ADA is now approaching a major level of resistance to $ 0.74. An escape beyond this point can open the way to an increase to $ 0.88. If it is rejected, the trend could remain trapped in the downstream structure, respecting.
OUROBOROS Leios Upgrade aims to increase performance
Meanwhile, the founder of Cardano, Charles Hoskinson, shared updates on a next network upgrade called “Ouroboros Leios”. The update should improve the speed and performance of the blockchain, in particular for the use of DEFI and NFT. According to Hoskinson, the upgrade is designed to evolve efficiency while preserving the main safety features of the network. The new architecture aims to manage increased demand without compromising the reliability of the system.
While Cardano sails on technical training and is preparing for upgrading the protocol, attention will probably remain at the resistance level of $ 0.74. The price action around this brand can determine the next direction of the ADA medium -term trend.
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