Live Cardano Bull Market Support Band — the zone between the 20-week simple moving average (SMA) and 21-week exponential moving average (EMA). Cardano traders use the Bull Market Support Band as a longer-term trend reference for ADA, focusing on weekly closes relative to the 20-week SMA and 21-week EMA.
When ADA trades above the Bull Market Support Band, the band tends to act as support; inside the band signals indecision near the longer-term trend; and a weekly close below the band is often read as a loss of bullish momentum. The band is a trend reference, not a guaranteed signal.
See the BMSB overview for how the indicator works, or the methodology for exactly how this site computes these values.