{"id":675107,"date":"2025-01-14T05:08:21","date_gmt":"2025-01-14T05:08:21","guid":{"rendered":"https:\/\/wncen.com\/?p=675107"},"modified":"2025-01-14T04:23:14","modified_gmt":"2025-01-14T04:23:14","slug":"cardano-ada-under-pressure-0-9550","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/ada\/cardano-ada-under-pressure-0-9550\/","title":{"rendered":"Cardano (ADA) Under Pressure: Struggles to Reclaim Lost Ground"},"content":{"rendered":"
Cardano price started a fresh decline below the $0.9550 zone. ADA is consolidating and might struggle to start a fresh increase above the $1.00 level.<\/em><\/p>\n
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ADA price started a fresh decline from the $1.0350 zone.<\/li>\n
The price is trading near $0.950 and the 100-hourly simple moving average.<\/li>\n
There was a break above a short-term bearish trend line with resistance at $0.9560 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n
The pair could start another increase if it clears the $1.00 resistance zone.<\/li>\n<\/ul>\n