Cardano Founder Hoskinson Sees Bright Future for ADA

Charles Hoskinson, founder of Cardano, has expressed his optimism about the future of ADA in an upcoming episode of New Era Finance.

The podcast will feature a deep dive discussion with Hoskinson on the upcoming Midnight protocol and the broader trajectory of crypto. According to technical analysis, ADA is currently trading at $0.27 in a bullish structure on the 4-hour chart, with resistance at $0.28 and support down at $0.26.

The momentum indicator RSI is at 69.3, flirting with overbought territory that could trigger short-term exhaustion. However, the MACD's golden cross at 0.0 underscores sustained upside conviction for ADA. Institutional flows may eye a test of the upper band before retracing to EMA confluence for reload.