Cardano (ADA) Price Struggles Below Resistance—Can Long Positioning Trigger a Breakout?

The post Cardano (ADA) Price Struggles Below Resistance—Can Long Positioning Trigger a Breakout? appeared first on Coinpedia Fintech News

Cardano (ADA) is holding above $0.60, with $0.63 acting as a critical Fibonacci support zone, while upside remains capped by resistance near the $0.68–$0.72 EMA cluster. On-chain volume remains suppressed since early June, yet long/short ratios above 2.5 on Binance and OKX suggest traders are positioning for a bullish reversal. A breakout above $0.72 is …