ADA Token Holds Steady at $0.44 Amid Mixed Sentiment and Franklin Templeton Outlook Boost

Cardano (ADAUSDT) is currently trading at $0.4400 on Binance, reflecting a 24-hour price decline of 2.00% from the previous open of $0.4490. The recent price movement can be attributed to mixed market sentiment, with a rebound from a long-term trend line sparking some bullish expectations, while technical indicators such as RSI below 50 and negative MACD continue to show underlying bearish momentum. Reports of Franklin Templeton boosting its outlook on ADA, ongoing community development, and Cardano's active educational programs have contributed to sustained interest, but sellers currently appear to dominate, resulting in price consolidation and resistance near $0.45. Cardano remains among the top cryptocurrencies, with robust market capitalization and substantial trading volume, while its price continues to fluctuate within a narrow range amid ongoing market volatility.