# ADa

$ADA ‌📈 Cardano (ADA) Market Outlook: Breaking the Consolidation?
Hello Gate.io Community! 👋
Today, let’s take a look at Cardano ($ADA). After a period of sideways movement, ADA is showing signs of a potential trend reversal on the 4-hour time frame. The price action is currently hovering near a multi-week resistance zone, and the RSI (Relative Strength Index) suggests that momentum is gradually building up.
Key Technical Levels to Monitor:
📍 Major Support: $0.65 - $0.70. This level has acted as a strong floor during recent pullbacks. As long as ADA stays above $0.70, the bullish structure

📌 Cardano Founder Hoskinson Warns of U.S. Recession
Cardano founder Charles Hoskinson warned that the United States faces a significant risk of recession if several global forces converge.
In a recent commentary, he said a potential AI bubble burst, combined with long-time U.S. allies shifting trade and investment toward China, could push the economy into recession.
As a result, Hoskinson argued that prolonged economic decoupling would sharply reduce U.S. consumption and could become economically catastrophic without timely policy intervention.
🔸 What Could Drive US Into Recession
The Cardan

$ADA 's stuck around 0.3942, in a bearish zone. Trapped between 0.3893 and 0.3988, waiting for a breakout. If it pushes past 0.3988, we might see a short‑term pump.
#ADA #Rmj-Trades

from #ada
• ₳70M Critical Integrations Budget X Space and AMA
• Aiken release and IO Engineering Roundup on Leios
• Developer Office Hours, seminars, and masterclasses
• Cross-Ecosystem Roundtable with Polkadot
• Updates from Intersect MBO and Cardano Foundation

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Currently, the rhythm of the dog whales is to consolidate sideways first, then dump. After the dump, consolidate sideways again. The main focus is on grinding down the market sentiment... The key is that the fluctuations during these pull-ups and dumps are very small! Will there be a big move tonight for the New Year's Eve? #ADA $ADA

#ADAUSDT – Are you ready to enter a bearish trend?
On the monthly chart, $ADA stock has returned to a major support level that previously experienced strong rebounds. This time, buyer strength appears weak, and the Relative Strength Index (RSI) and the MACD (MACD) indicators still point to a downward trend.
The best course of action now is to be patient and wait: buy only if $ADA stock maintains this level in the coming weeks. If it breaks below, a reversal to a bearish trend becomes very likely.
#Cardano
#ADA
$ADA