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Cardano (ADA) Price Prediction For September 23

8h ago
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Cardano-ADA-Price-Prediction-Analysis
  • Cardano price today trades at $0.82 after breaking below key $0.87–$0.90 support.
  • On-chain data shows $26.6M in outflows, signaling bearish sentiment among traders.
  • Hoskinson’s roadmap adds long-term optimism, but near-term momentum stays weak.

Cardano price today is trading near $0.82, down sharply after breaking below the $0.87–$0.90 support zone. The drop pushed ADA into oversold territory on the RSI, while heavy selling pressure has raised concerns over further downside. Traders are watching whether fundamentals such as Charles Hoskinson’s new roadmap can offset bearish on-chain signals.

Cardano Price Breaks Key Support Levels

ADA Price Key Technical Levels (Source: TradingView)

The 4-hour chart shows ADA sliding beneath its ascending channel after failing to defend the 0.382 Fibonacci retracement at $0.87. Price tested a low of $0.81 before bounc…

Read The Full Article Cardano (ADA) Price Prediction For September 23 On Coin Edition.

8h ago
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bearish:

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