Cardano price today is trading at $0.826, rebounding after defending support near $0.78. The move comes as ADA attempts to shake off recent governance controversies and regain momentum toward the $0.92 Fibonacci level. Traders are weighing technical compression, Wyckoff cycle speculation, and founder Charles Hoskinson’s response to a $600 million controversy.

Cardano Price Holds Key Support

The weekly Fibonacci structure highlights ADA clinging to the 0.382 retracement at $0.82. A clean break above this area could set the stage for a retest of $0.92, aligning with the 0.5 Fib level and a key historical pivot.

On the 4-hour chart, ADA trades just under EMA resistance at $0.83–$0.84. A breakout above the descending trendline near $0.88 would open the door to higher levels, while failure to defend $0.78 risks exposing price to $0.72–$0.70, where heavy demand last reappeared. Momentum remains cautious. RSI sits near 52, reflecting neutral sentiment. Traders are watching for volume confirmation before betting on continuation.

Wyckoff Cycle Fuels Optimism

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