Cardano (ADA) continues to recover from months of heavy selling pressure, but the cryptocurrency has yet to confirm a full bullish reversal. Trading around $0.168, ADA has stabilized after defending a critical support zone near $0.15, giving investors hope that the worst of the recent decline may be over. The technical outlook has gradually improved since June. Buyers have successfully formed a series of higher lows, while ADA remains above both its 50-day and 100-day moving averages, currently positioned between $0.165 and $0.166. These indicators, which previously acted as resistance, are… Read more
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