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Cardano (ADA) Price Prediction for September 9

15h ago
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Cardano-ADA-Price-Prediction-Analysis

Cardano price today is trading near $0.836, consolidating after reclaiming the $0.830 level. The 4-hour chart shows ADA coiling inside a triangle that is getting smaller. There is immediate resistance at $0.840 and layered support at $0.829 and $0.815. Traders are weighing bullish technical compression against mixed on-chain flows and new hope from the most recent updates on protocol development.

Cardano Price Tests Key Breakout Level

ADA price testing key breakout level (Source: TradingView)

The 4-hour chart shows that ADA is pushing against a downward trendline that has stopped rallies since mid-August. The first barrier is at $0.840, which is where the 50 and 100 EMAs are at $0.838 and $0.832, respectively. If the price closes above this level, it could confirm bullish breakout signals and aim for higher supply zones around $0.865 and $0.880.

Related: Pi Coin Price Prediction: Smart Contract Upgrade Fuels $0.36 Breakout

Early signs of strength are showing in momentum indicators. RSI is at 55, which means it is leaning toward bullish but not yet overbought, so it can keep going. The 200 EMA is still steady around $0.829, which is a technical floor that has…

The post Cardano (ADA) Price Prediction for September 9 appeared first on Coin Edition.

15h ago
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bearish:

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