ADA today! 7/13

📊 ADA Today at a Glance

• Current Price: ~$0.716 (slightly down ~2.2% from yesterday)

• 24-Hour Range: Between ~$0.690 and $0.734 

• 7-Day Move: Up ~24–25%, signaling solid upward momentum 

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🔍 Why ADA Is Still Strong

1. Bullish Technical Patterns

   • ADA recently broke out of a descending wedge pattern and is testing key resistance near ~$0.73

   • Daily RSI is trending higher (~54), and MACD crossover supports continued upside

2. Growing Derivatives Interest

   • Open interest in ADA futures is up over 13% in 24 hours, showing rising trader confidence 

3. Strong Ecosystem Activity

   • USDC integration, DeFi use cases, and plans for Midnight and Hydra are boosting sentiment get more traction 

🚧 What to Watch Next

• Key Resistance: ~$0.73 – a daily close above could pave the way to ~$0.79 or even $1.00+

• Support Zones: Around $0.66–0.70. A fall below here may signal a pullback.

• Volume & Momentum: Continued increased trading volume alongside RSI & MACD alignment would reinforce bullish outlook.

🧭 Summary

ADA ended the week strong—nearly 25% gains—with key technicals turning bullish and ecosystem activity picking up. While BTC also rises, ADA’s independent strength in trading momentum and on-chain development makes this rally stand out. 🌟 Support ASY – Ashiya Pool! 🌟

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