Cardano Price Analysis: Support at $0.900, Breakout Potential to $1.02

Cardano (ADA) is trading near $0.907 as traders closely monitor support levels around the $0.900 mark. Chart patterns suggest potential rebounds toward resistance zones at $0.960 and $1.00, with buy orders concentrated near the $0.920 liquidity zone. Analysts highlight a descending wave sequence that has formed within Fibonacci levels, confirming support around the $0.904 zone. Technical indicators such as the RSI show an upward curve, hinting at a potential reversal by bulls. 30-minute chart analysis shows ADA could test near $0.880 if selling pressure continues, but if it rebounds from this area, it could accelerate towards higher targets of $0.960 and potentially beyond.