Cardano (ADA) is approaching a critical support level around $0.51, which could decide the next major direction.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online12 Sept 2025, 16:45 UTC
AI-generated source summary
The analysis suggests a potential upward movement for ADAUSDT. The analyst notes the price is currently holding below a trendline formed by swing highs in March and December, with the price topping at around $1.19-$1.20 and $1.34, respectively. This trendline was tested in August at $1.00. A break above $1.00 is considered necessary for indicating a move upwards, with a target of $1.47 and $1.79. The analyst also discusses the possibility of an orange scenario with the potential to deliver higher prices, and a next objective above 98 cents with a key target around $1.02 (swing high). The short term analysis indicates that from the wave B (bottomed in August), the market might actually unfolding in a wave C to the upside as a five wave move to 1.19. B Wave support area is from 0.808 and 0.858. It indicates to pay attention to daily shifts in momentum as for now momentum still seems up.
AI-generated summary based on the source content.
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