Cardano’s Price Shows Strength: Rally Potential Fueled by RSI Surge & 50-Day MA Support

Cardano (ADA) is currently holding near $0.70 while its Relative Strength Index (RSI) climbs, indicating a positive momentum shift. The 50-day moving average serves as a strong support level for the price, contributing to a potential rally of 260-300% if resistance at $0.750-$0.81 is breached. Trading volume near $0.69 suggests accumulation by traders awaiting confirmation of a bullish breakout.