Sep 18, 2025
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Cardano (ADA) Faces Resistance at $0.90 Amid Profit-Taking and Adoption News
Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, following a 7% decline over two days due to profit-taking. The Network Realized Profit/Loss (NPL) metric is at its highest since July.
- Support range: Critical support lies between $0.87–$0.85.
- Technical analysis: ADA struggles below the 50-EMA at $0.8819, with key resistance at $0.923.
- Key levels: Downside risks if support at $0.8528 fails; upside potential above $0.8843.
- Market sentiment: Traders are split, with bears eyeing positions below $0.8528 and bulls awaiting a breakout above $0.90.
Adoption and Market Dynamics
- Integration: Openbank has integrated Cardano for 2 million customers, supporting institutional adoption.
- Investor behavior: A net outflow of $6.7 million from exchanges indicates caution among investors.
- Outlook: ADA’s future movement depends on trader reactions to technical signals and adoption news.
- Potential targets: A break above $0.90 could target $1, while failure below $0.85 may test support at $0.82 and $0.78.
