Cardano (ADA) Tests $0.95 Resistance as LEIOS Upgrade Accelerates Development
The post Cardano (ADA) Tests $0.95 Resistance as LEIOS Upgrade Accelerates Development appeared on BitcoinEthereumNews.com.
Timothy Morano Sep 14, 2025 09:31 ADA price trades at $0.92 despite 2.97% daily decline. Technical indicators show bullish momentum while Cardano’s 24/7 development initiative drives optimism. Quick Take • ADA currently trading at $0.92 (-2.97% in 24h) • Cardano’s RSI at 60.63 signals neutral momentum with bullish MACD crossover • 24/7 global development operation launched to accelerate LEIOS upgrade What’s Driving Cardano Price Today? Cardano’s recent 2.97% pullback comes despite fundamentally positive developments in the ecosystem. The most significant catalyst emerged on September 12th when Cardano launched a ‘Follow the Sun’ development model, establishing 24/7 global operations to accelerate the highly anticipated LEIOS upgrade. This strategic initiative contributed to a 3% price increase earlier in the week, demonstrating strong market confidence in Cardano’s technical roadmap. The Ouroboros Leios protocol entering public review on September 10th further reinforced the project’s commitment to continuous innovation. While this development maintained positive sentiment, its immediate price impact remained minimal compared to the development acceleration announcement. Current ADA price action reflects broader market caution rather than project-specific concerns. The 24-hour trading range of $0.91-$0.95 shows consolidation near key resistance levels, with trading volume of $145.4 million on Binance spot indicating healthy market participation. ADA Technical Analysis: Mixed Signals Emerge Cardano technical analysis reveals a compelling setup with conflicting short-term and medium-term indicators. ADA’s RSI at 60.63 sits in neutral territory, avoiding both overbought and oversold extremes while maintaining room for upward movement. The MACD tells a more bullish story, with the main line at 0.0187 crossing above the signal line at 0.0097. This bullish MACD crossover, combined with a positive histogram reading of 0.0090, suggests strengthening momentum despite today’s price decline. Cardano’s moving average structure reinforces the underlying bullish trend. The ADA price at $0.92 trades…
