The price of Cardano (ADA) has started to decline below the $0.9550 level and is consolidating. It may face difficulty in starting a fresh increase above the $1.00 level. After struggling to stay above $1.00, ADA declined below the $0.9550 and $0.9500 support levels, even dropping below $0.900. However, it is now attempting to recover and has cleared the $0.9150 level. The price may face resistance near the $0.9550 zone, with the first resistance at $0.9750 and the next at $1.00. If the price can close above $1.00, it could start a strong rally towards $1.050 and potentially $1.120. If it fails to climb above $0.9550, it may start another decline, with support levels at $0.9320, $0.9150, and $0.900. The MACD indicator is gaining momentum in the bullish zone, and the RSI is now above 50.



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