Cardano (ADA) Market Balance Hit per This Key Indicator, What Next Now?

Key Points

1. Cardano's hourly Relative Strength Index (RSI) is at 50, showing a balance between buying and selling pressure.

2. ADA is trading at $0.7351, down 2.71% over the past 24 hours, with resistance at $0.856 and support at $0.686 and $0.728.

3. Cardano has achieved a governance milestone, enabling full community control and decentralized decision-making through the DRep system.

4. The Plomin hard fork in January 2025 allowed fully decentralized withdrawal, proving self-funding capability for the Cardano community.

5. Market equilibrium indicated by RSI 50 is rare and may not last long, suggesting potential upcoming price movement.