Hold onto your wallets, folks—Cardano pulled a fast one! Up over $0.750, then down quicker than Mel Brooks leaving a salad bar. 🥗💸
- ADA flies past $0.750 and $0.7750 like it saw a cheap matinee.
- Now it’s below $0.80—call a doctor, the 100-hourly simple moving average looks worried! 🩺
- Broke a bullish trend line at $0.820. Inspector Clouseau couldn’t have done it better.
- If ADA gets through $0.80, there’s hope for an encore. Don’t hold your breath, though. 😏
Cardano Price: The Plot Thickens
Recently, Cardano strutted its stuff above $0.750—did its best Bitcoin and Ethereum impression, but it tripped just past $0.8650. (No understudy available.)
The curtain fell at $0.8634. ADA forgot its lines, dropped under $0.80, and broke the trend line at $0.820. Somewhere, a day trader weeps.
Now we’re toe-tapping at $0.7750, fidgeting below the 23.6% Fib retracement. Is there a fibber in the house?
ADA’s stuck under $0.80, peeking at the 100-hour SMA like it’s waiting for a critic’s review. First act: Resistance at $0.80, next performance at $0.8180, and the grand finale at $0.8450—bring your opera glasses!
If ADA manages to break $0.8450, expect a standing ovation: straight to $0.880. Tell your cousin Murray—there could even be a $0.90 cameo.
Is the Audience Booing?
If ADA can’t break $0.80, it might nosedive faster than a punchline in a Yiddish theater. Immediate crash mat at $0.7750.
If it slips under $0.740, you might see a test of $0.7050—because Cardano just loves drama. The bulls could reappear at $0.680, if they haven’t left for another show.
Technical Mumbo Jumbo:
Hourly MACD? It’s losing bullish steam—somebody call the stage manager! 🤹♂️
Hourly RSI? Under 50. Even my barber is more bullish than that.
Starring Roles:
Support: $0.7750 and $0.7400
Resistance: $0.8000 and $0.8180
Stay tuned, folks. If it gets any crazier, even Young Frankenstein would ask for a refund! 🧟♂️🎩
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2025-05-13 08:35