#Ada has taken support at the previous resistance which becomes support now and once it will give breakout then we can potential more than 60% move from breakout level.
Entry- after the breakout above 0.68
SL- below support zone i.e. below green line
Targets
1)$1.05
2)$1.14
3)$1.22
Entry- after the breakout above 0.68
SL- below support zone i.e. below green line
Targets
1)$1.05
2)$1.14
3)$1.22
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The price of #ADA is breaking the resistance level of $0.6430 - $0.6830 in the 4-hour time frame. With the continuation of the upward trend of the market, the first target for the price of Ada is $0.9000, it means the price can pump up to 30% easily .
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The price of #ADA moves in a bearish channel in the 4-hour time frame. Now it has reached the top of the channel and the trend is still downward. There is a possibility that the price will drop again to $0.4250.
The main resistance level is $0.5500-0.5800.
The main resistance level is $0.5500-0.5800.
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The price of #Cardano started to grow after being compressed in the price area of $0.4250 and was able to break the dynamic resistance.
The first resistance level is $0.5500-0.5800.
Considering many factors like US500, EURUSD, #Bitcoin, #ETC, and the favorable conditions of the market , we expect #ADA to move upwards .
Cardano, compared to the growth of other currencies, did not move significantly yet, so It is possible to make a good profit from Cardano
Let's see what happens this time ...
The first resistance level is $0.5500-0.5800.
Considering many factors like US500, EURUSD, #Bitcoin, #ETC, and the favorable conditions of the market , we expect #ADA to move upwards .
Cardano, compared to the growth of other currencies, did not move significantly yet, so It is possible to make a good profit from Cardano
Let's see what happens this time ...
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Altcoin prices can benefit indirectly
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL , #ADA , #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL , #ADA , #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.
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The signs suggest a potentially explosive move. If the price breaks above the descending resistance, we could see a bullish surge.
However, given the repeated patterns we've observed, there's a possibility that the price of #ADA may retrace back to a strong support level at $0.2800 . If momentum holds, we might witness a bullish ride up to the probable resistance.
But we’re prepared for all scenarios. If the price loses momentum at the strong support and breaks below, we're eyeing a potential bullish rebound from the lower demand zone at $0.2300
However, given the repeated patterns we've observed, there's a possibility that the price of #ADA may retrace back to a strong support level at $0.2800 . If momentum holds, we might witness a bullish ride up to the probable resistance.
But we’re prepared for all scenarios. If the price loses momentum at the strong support and breaks below, we're eyeing a potential bullish rebound from the lower demand zone at $0.2300
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Cardano (#ADA) is currently in a consolidation phase, with the price around $0.6900. Technical indicators show a neutral market (RSI at 43.1) and a slight bearish momentum (MACD at -0.007). Key support is at $0.6300, while resistance is near $0.8500. Watch for potential breakouts or downturns depending on key levels.
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#ADA is consolidating within a large descending wedge, a typically bullish pattern, with multiple rejections near the $0.85 resistance. The current pullback is testing the critical support zone at $0.73–$0.69, which aligns with previous demand and wedge mid-level. If bulls defend this area, ADA could build momentum for a breakout above the wedge, targeting $1.17 as a medium-term objective. However, a breakdown below $0.69 would invalidate the bullish setup and expose ADA to deeper downside toward $0.58 or even $0.42. Until then, structure remains neutral-to-bullish with pressure building at the apex of the wedge.
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#Cardano (#ADA/USDT) Daily Chart Update:
Cardano has broken out of the descending channel, signaling a potential trend reversal.
Channel Breakout: Clear breakout above the descending trendline (bullish signal).
Current Resistance Zone: $0.77–$0.82 (previous strong rejection area).
Next Major Target: $1.18 (highlighted in orange).
Support Zone: $0.68–$0.70 and $0.58 below.
Conclusion: If ADA breaks and holds above $0.82, it opens the door for a move toward $1.18. Momentum is bullish, and the breakout strengthens the mid- to long-term outlook.
Cardano has broken out of the descending channel, signaling a potential trend reversal.
Channel Breakout: Clear breakout above the descending trendline (bullish signal).
Current Resistance Zone: $0.77–$0.82 (previous strong rejection area).
Next Major Target: $1.18 (highlighted in orange).
Support Zone: $0.68–$0.70 and $0.58 below.
Conclusion: If ADA breaks and holds above $0.82, it opens the door for a move toward $1.18. Momentum is bullish, and the breakout strengthens the mid- to long-term outlook.
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