Cardano’s ADA price has returned to a four-year support zone that has remained intact through multiple market cycles. The move occurs amid extreme oversold conditions, with the RSI indicating a potential counter-trend rebound as buyers re-enter the market.
If ADA can maintain stability above this four-year support, technicals point to a move back toward higher targets, as relief rallies often emerge from oversold conditions. Such a setup underscores the balance between risk and reward, as a break below support could widen downside while a rebound may validate the existing range.
A decisive breakdown below this support could expose ADA to deeper downside risks, while sustained buying could validate the long-term range structure. From a structural perspective, ADA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-.
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