Key Notes
- ADA achieved its first daily close above the 200-day moving average since March, signaling potential trend reversal.
- Open Interest jumped 12.06% to $1.45 billion while trade volume soared 92.42%, indicating strong institutional commitment.
- Critical support at $0.76 must hold for bulls to target $0.9053 resistance and validate macro bullish breakout scenario.
Cardano
ADA
$0.80
24h volatility:
3.1%
Market cap:
$28.85 B
Vol. 24h:
$2.10 B
extended its bullish streak on Thursday, July 17, closing at $0.8101 with a strong 5.98% gain. The price surged past the critical 200-day moving average ($0.7476), forming its first daily close above that level…
