ADA is hovering around $0.20, but the daily chart still has work to do before bulls can claim a comeback.
The latest completed daily candle closed at $0.2061, below both the 20-day EMA ($0.2200) and 50-day EMA ($0.2234). Recent highs and lows have also been moving lower.
That puts two zones in focus:
🔴 $0.2272–$0.2321: Resistance, tested three times. A sustained move above this area would be an early sign that the downward structure is changing.
🟢 $0.1894–$0.1903: Support, where price has reacted twice. Losing this zone would weaken the current structure further.
Meanwhile, Cardano has made real progress beyond the chart.
Its CIP-0113 programmable token standard went live on mainnet in October. The standard has also received recognition under CMTA's tokenized-share certification framework, and Veridian shares have already been tokenized using it.
That's a concrete step toward bringing more real-world assets onto Cardano. But infrastructure progress and ADA demand are two different things.
For now, the chart remains weak while the network keeps building. The interesting question is whether stronger adoption eventually shows up alongside a genuine change in price structure.
The latest completed daily candle closed at $0.2061, below both the 20-day EMA ($0.2200) and 50-day EMA ($0.2234). Recent highs and lows have also been moving lower.
That puts two zones in focus:
🔴 $0.2272–$0.2321: Resistance, tested three times. A sustained move above this area would be an early sign that the downward structure is changing.
🟢 $0.1894–$0.1903: Support, where price has reacted twice. Losing this zone would weaken the current structure further.
Meanwhile, Cardano has made real progress beyond the chart.
Its CIP-0113 programmable token standard went live on mainnet in October. The standard has also received recognition under CMTA's tokenized-share certification framework, and Veridian shares have already been tokenized using it.
That's a concrete step toward bringing more real-world assets onto Cardano. But infrastructure progress and ADA demand are two different things.
For now, the chart remains weak while the network keeps building. The interesting question is whether stronger adoption eventually shows up alongside a genuine change in price structure.
