Cardano (ADA) Price is now negotiated approximately $ 0.85 after a daily rally of 13% and a 37% rally + month over months.
Although it is faced with a resistance at $ 0.86, the bruise indicators through the chain and the graphic measures suggest that this could be a break before ADA breaks around $ 1 and beyond.
The consumed age shows strong hands while holding
Despite the overvoltage of the ADA quick prices, the metric consumed by age shows no sign of the old tokens moved. The last major point arrived in mid-June when more than 130 billion ADA token was moved. Since then, the activity has remained in a mute, the last value oscillating nearly 250 million ADA.
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In simpler terms, the age consumed tells us how many older tokens suddenly move again. When he is low during a rally, as he is now, he signals confidence: long -term holders do not rush to sell.
MVRV Ratio Signals more upwards
While the old pieces are sitting well, even the new holders may not try to sell anytime soon. The 60 -day MVRV report for Cardano is 22.91%, well below its previous danger zone. Back in mid-May, the same ratio crossed 131%, just before the start of a steep sale. Historically, ADA has room to run until the MVRV reaches much higher profit areas.
For example, in mid-April, the MVRV ratio oscillated around 20 to 25%, and Cardano still managed to reach more than 35%, going from $ 0.62 to $ 0.85. With the current ratio showing that there is no extreme profit pressure, ADA could follow a similar trajectory.
The 60 -day MVRV measures the profit or average loss of holders who have bought Ada in the last two months. A low positive value suggests that holders are not sitting on large gains and are less likely to sell.
Exponential medium of moving point to momentum
The 20 -day Cardano EMA (exponential mobile average) has just finished a rare triple golden crossing:
- Crossed above 50 days on July 14
- Crossed over the 100-day brand on July 17
- Now crossed above 200 days there are just hours (showing the strength halfway)
This type of EMA cascade helmet shows an increasing momentum and confirms the strength of the continuous trend.
ADA price key resistance must break
Cardano is currently testing resistance to $ 0.86, which also corresponds to the retracement of Fibonacci 1.0 of its peaks in May. A successful break would open the doors to the next main target at $ 1.07, the level of extension of 1.618 Fibonacci.
However, the RSI divergence (relative force index) could slow things a little. On the 4 -hour table, however, a downward divergence appeared. Since July 11, the Cardano Prize has pushed higher peaks, but the RSI has printed lower summits. This inadequacy suggests that buyers can slow down.
The lower divergence does not always mean a reversal, but it often triggers short -term consolidation. Thus, ADA could stop before invoicing the past resistance.
If RSI divergence leads to declining prices, a short -term invalidation could come if ADA decreases below $ 0.78, a previous level of support. But unless long -term holders are starting to pour out (how old is consumed and MVRV say they are not), the rally is probably still legs.
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