ADA Price Stays Strong at $0.84, Could a Reversal to $1.19 Be Next?

Cardano (ADA) is demonstrating strong resilience, holding above the crucial support level of $0.84. This price point boasts significant technical backing from key indicators like the 0.618 Fibonacci retracement, 55 EMA, and higher-low structure. 📈 📊 Analysts believe this confluence indicates a potential reversal towards the $1.19 resistance level in the coming sessions, if support holds firm with sustained buying activity.