The post Cardano (ADA) Holds $0.90 Support Zone as Technical Indicators Signal Bullish Momentum appeared on BitcoinEthereumNews.com.

Caroline Bishop
Sep 20, 2025 06:35

ADA trades at $0.90 with bullish MACD signals emerging. Technical analysis shows strong support at key levels while resistance targets $0.95-$1.00 range.

Quick Take • ADA currently trading at $0.90 (-0.66% in 24h) • Cardano’s MACD histogram shows bullish momentum building • Price defending critical $0.90 support zone with buyers targeting higher levels What’s Driving Cardano Price Today? Cardano has maintained remarkable stability over the past week, with the ADA price consolidating around the $0.90 level. Recent market predictions from September 15th highlighted ADA’s ability to defend the $0.90 support zone, and this forecast has proven accurate as the token continues to hold above this crucial threshold. The current price action reflects a neutral market sentiment, with no major catalysts driving significant volatility. Earlier predictions from September 12th noted ADA’s strength above $0.85 support while testing resistance between $0.90-$0.95, establishing a clear trading range that has persisted throughout the week. This consolidation phase suggests that Cardano is building a foundation for its next directional move, with market participants closely watching key technical levels for breakout signals. ADA Technical Analysis: Bullish Signals Emerge The Cardano technical analysis reveals several encouraging indicators despite the modest daily decline. Cardano’s RSI sits at 54.92, positioning the token in neutral territory with room for upward movement before reaching overbought conditions. Most notably, Cardano’s MACD shows bullish momentum with the histogram at 0.0021, indicating growing buying pressure. The MACD line at 0.0163 remains above the signal line at 0.0142, reinforcing the positive momentum structure. ADA’s RSI reading suggests balanced market conditions without extreme sentiment in either direction. The Stochastic indicators show %K at 61.10 and %D at 65.25, supporting the neutral-to-bullish bias in the short term. Moving averages paint an optimistic picture…

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Filed under: News - @ September 20, 2025 9:28 pm