Overview
- ADA trades around $0.64–$0.66 as buyers repeatedly defend the $0.60–$0.62 zone.
- The daily MACD is close to a bullish cross below zero, a setup that preceded a roughly 60% rally in June.
- A move through $0.74–$0.77 with follow-through toward the $0.80 trendline is cited as required to confirm a reversal.
- On-chain trackers report sizable exchange outflows since late September and whale buys near 200 million ADA, tightening liquid supply.
- Analysts say recent rebounds lack volume, keeping risk of a return to the $0.53 support alive as futures open interest hovers near $650 million.