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Cardano ADA Surges Above Key Levels, Supported by RealFi Mainnet Launch

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Cardano's ADA has been recovering in the crypto market after reclaiming the $0.2183 Fibonacci level and trading near $0.2210, holding above key daily EMAs.

The token recently bounced from the $0.19-$0.20 support zone and is now above several major daily moving averages, including the 20-day EMA at $0.2037 and the 100-day EMA at $0.1984.

Falling open interest to $492.44M signals deleveraging and weaker speculative demand, while persistent ADA outflows may indicate reduced selling liquidity that could be a sign of accumulation.

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