Cardano Price faces a strong resistance after crossing $ 1 for the first time in 5 months - AdLunam

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Cardano Price faces a strong resistance after crossing $ 1 for the first time in 5 months

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This topic has 4 replies, 5 voices, and was last updated 2 days ago by
Andreina Moreno

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- August 21, 2025 at 7:18 pm
  
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  Andreina Moreno
  
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  Strong momentum for ADA!
- August 16, 2025 at 2:50 am
  
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  Noah Thompson
  
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  breaking: cardano faces resistance post $1 surge, $194m longs vs. $93m shorts signal bullish vibes 📈
- August 16, 2025 at 2:49 am
  
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  Moonlit Aura
  
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  holy f*ck, ADA mooning like there’s no tomorrow after Trump’s $ADA decree?! 🚀🔥🌕
- August 16, 2025 at 2:49 am
  
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  Ava Johnson
  
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  ada facing resistance at $0.98 with significant short positions: derivative data indicates bullish sentiment despite consolidation, RSI near 69.7% signals
- August 16, 2025 at 2:49 am
  
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  Altcoin Observer
  
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  Key notes 📝: ADA derivatives show $194 million in long positions against $93 million, indicating bullish sentiment despite consolidation. Critical resistance at $0.98 has $43 million in short positions, creating a significant barrier for upward movement. RSI is nearing 69.7% while prices are above Bollinger bands, suggesting potential buyer fatigue.
  
  Cardano’s price surged by 20% in the last four sessions, briefly crossing $1. The rise coincided with a significant announcement by US President Trump regarding Ada’s inclusion in a Crypto Strategic Reserve Decree, acting as a major catalyst.
  
  Cardano Price faces a strong resistance after crossing $ 1 for the first time in 5 months
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