# ADa

$ADA has been grinding lower inside a clean falling wedge on the 1H chart after that sharp recovery from the 0.24 region. Structure is tightening now, with price hovering around 0.260, sitting right at horizontal support.
This kind of wedge usually signals seller exhaustion, but confirmation is everything. Right now, momentum is neutral-to-bearish — price keeps respecting the descending trendline while defending the 0.258–0.260 base. That means breakout direction will decide the next impulse.
If #ADA breaks and closes above 0.270–0.275 with strength, we can expect a push toward:
0.285 → 0.300

$ADA has been grinding lower inside a clean falling wedge on the 1H chart after that sharp recovery from the 0.24 region. Structure is tightening now, with price hovering around 0.260, sitting right at horizontal support.
This kind of wedge usually signals seller exhaustion, but confirmation is everything. Right now, momentum is neutral-to-bearish — price keeps respecting the descending trendline while defending the 0.258–0.260 base. That means breakout direction will decide the next impulse.
If #ADA breaks and closes above 0.270–0.275 with strength, we can expect a push toward:
0.285 → 0.300

📉 $ADA /USDT: Watching for a Potential Reversal
Current Price: $0.2638 (down 3.33%)
Let's break down what's happening with Cardano right now and why this pullback might actually present an opportunity.
$ADA has been sliding downward since late November, and the selling pressure has been relentless. The price has crashed through the middle Bollinger Band (green line at $0.3147) and is now testing the lower band at $0.2365. Think of these bands like guardrails when price pushes to the bottom edge, it often bounces back toward the middle.
Here's what stands out to me:
The RSI indicator at the b

$ADA ‌📈 Cardano (ADA) Market Outlook: Breaking the Consolidation?
Hello Gate.io Community! 👋
Today, let’s take a look at Cardano ($ADA). After a period of sideways movement, ADA is showing signs of a potential trend reversal on the 4-hour time frame. The price action is currently hovering near a multi-week resistance zone, and the RSI (Relative Strength Index) suggests that momentum is gradually building up.
Key Technical Levels to Monitor:
📍 Major Support: $0.65 - $0.70. This level has acted as a strong floor during recent pullbacks. As long as ADA stays above $0.70, the bullish structure

📌 Cardano Founder Hoskinson Warns of U.S. Recession
Cardano founder Charles Hoskinson warned that the United States faces a significant risk of recession if several global forces converge.
In a recent commentary, he said a potential AI bubble burst, combined with long-time U.S. allies shifting trade and investment toward China, could push the economy into recession.
As a result, Hoskinson argued that prolonged economic decoupling would sharply reduce U.S. consumption and could become economically catastrophic without timely policy intervention.
🔸 What Could Drive US Into Recession
The Cardan

$ADA 's stuck around 0.3942, in a bearish zone. Trapped between 0.3893 and 0.3988, waiting for a breakout. If it pushes past 0.3988, we might see a short‑term pump.
#ADA #Rmj-Trades

from #ada
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• Aiken release and IO Engineering Roundup on Leios
• Developer Office Hours, seminars, and masterclasses
• Cross-Ecosystem Roundtable with Polkadot
• Updates from Intersect MBO and Cardano Foundation

🔥 Gate Contract Points Airdrop – Issue 46 Is Live!
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Open the airdrop claim link
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