Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Guild of Guardians leads with a huge volume of $ 796.62k

2025-05-20

Graph signal running to new ATH

2025-05-19

Pi Network announces vacancies in the midst of price fall, pump and dump rumors

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Cardano (ADA) momentum builds: rally has more room to run
Analysis

Cardano (ADA) momentum builds: rally has more room to run

2025-01-07No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cardano price started a new increase above the $1.00 zone. ADA is consolidating and could target another increase above the USD 1.1150 level.

  • The ADA price started a downward correction from the $1.1150 zone.
  • The price is trading above $1.00 and the 100-hour simple moving average.
  • A short-term ascending channel is forming with support at $1.075 on the hourly chart of the ADA/USD pair (Kraken data source).
  • The pair could start rising again if it breaks the $1.1150 resistance zone.

Cardano price starts new increase

After forming a base above the USD 0.80 level, Cardano started a new rise, beating Bitcoin and Ethereum. ADA rose above the USD 0.90 and USD 1.00 levels.

The bulls even pushed the price above $1,120. A high was reached at $1.1156 and the price is now consolidating gains. There was a small decline below $1.1120, but the price remained above the 23.6% Fib retracement level of the upward move from the $0.8373 swing low to the $1.1156 high.

Cardano price is now trading above $1.00 and the 100-hour moving average. A short-term ascending channel is also forming with support at $1.075 on the hourly chart of the ADA/USD pair.

Cardano Prize

On the upside, the price could encounter resistance near the $1.10 zone. The first resistance is near $1.1120. The next major resistance could be $1.1150. If there is a close above the resistance at $1.1150, the price could start a strong rally. In the mentioned case, the price could rise towards the $1.20 region. Any further gains could require a move towards $1,250 in the near term.

See also  XRP - Price dives under $ 2 - is this the start of a larger breakdown?

Disadvantage correction in ADA?

If Cardano price fails to rise above the USD 1.1120 resistance level, it could trigger a fresh decline. The immediate downside support is near the $1,080 level.

The next major support is near the $1,050 level. A downside break below the $1.050 level could open the doors for a test of $0.975 or the 50% Fib retracement level of the upward move from the $0.8373 swing low to the $1.1156 high. The next major support is near the USD 0.950 level where the bulls could emerge.

Technical indicators

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now above the 50 level.

Major support levels – USD 1.0800 and USD 1.050.

Major resistance levels – $1.1120 and $1.1150.

Source link

ADA builds Cardano Momentum rally Room run
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Graph signal running to new ATH

2025-05-19

BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Peter Brandt Turns to Bitcoin Amid Price Corrections – Here’s Why

2024-03-05

Coinbase tokenizes financial income as NFT

2024-02-17

Amazon Prime hands out free card packs for NFT game ‘Gods Unchained’

2023-12-05
Editors Picks

Blockchain.com gets regulatory nod from Singapore’s central bank

2022-10-14

Bull Trap Likely to Set for Bitcoin as Potential Sell-the-News Event Approaches, Top Trader Warns

2023-12-14

Units Network begins collaboration with Eywa protocol for cross-chain liquidity

2024-11-08

The ultimate blockchain test

2025-04-06
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Guild of Guardians leads with a huge volume of $ 796.62k

Graph signal running to new ATH

Pi Network announces vacancies in the midst of price fall, pump and dump rumors

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,705.862.15%
  • ethereumEthereum(ETH)$2,553.146.78%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.381.23%
  • binancecoinBNB(BNB)$649.821.78%
  • solanaSolana(SOL)$169.252.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2249412.32%
  • cardanoCardano(ADA)$0.742.03%
  • tronTRON(TRX)$0.2679132.71%
  • suiSui(SUI)$3.852.20%
  • chainlinkChainlink(LINK)$16.045.81%
  • avalanche-2Avalanche(AVAX)$22.342.14%
  • stellarStellar(XLM)$0.2855751.75%
  • hyperliquidHyperliquid(HYPE)$26.401.75%
  • shiba-inuShiba Inu(SHIB)$0.0000152.00%
  • hedera-hashgraphHedera(HBAR)$0.1951903.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.59%
  • bitcoin-cashBitcoin Cash(BCH)$394.260.72%
  • the-open-networkToncoin(TON)$3.040.34%
  • litecoinLitecoin(LTC)$97.340.60%
  • polkadotPolkadot(DOT)$4.632.20%
  • moneroMonero(XMR)$347.441.10%
  • bitget-tokenBitget Token(BGB)$5.171.17%
  • pepePepe(PEPE)$0.0000132.37%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.740.81%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.9922.89%
  • uniswapUniswap(UNI)$5.973.82%
  • bittensorBittensor(TAO)$413.662.62%
  • nearNEAR Protocol(NEAR)$2.824.29%
  • aptosAptos(APT)$5.215.91%
  • okbOKB(OKB)$52.24-0.29%
  • ondo-financeOndo(ONDO)$0.943.75%
  • kaspaKaspa(KAS)$0.1087100.74%
  • ethereum-classicEthereum Classic(ETC)$18.595.10%
  • internet-computerInternet Computer(ICP)$5.273.95%
  • gatechain-tokenGateToken(GT)$21.600.80%
  • crypto-com-chainCronos(CRO)$0.0969221.09%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.830.84%
  • mantleMantle(MNT)$0.730.23%
  • vechainVeChain(VET)$0.0283503.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2334731.12%
  • render-tokenRender(RENDER)$4.664.71%
  • ethenaEthena(ENA)$0.3800896.97%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2239103.70%
  • arbitrumArbitrum(ARB)$0.3937135.62%
  • filecoinFilecoin(FIL)$2.863.43%
  • bitcoinBitcoin(BTC)$105,705.862.15%
  • ethereumEthereum(ETH)$2,553.146.78%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.381.23%
  • binancecoinBNB(BNB)$649.821.78%
  • solanaSolana(SOL)$169.252.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2249412.32%
  • cardanoCardano(ADA)$0.742.03%
  • tronTRON(TRX)$0.2679132.71%
  • suiSui(SUI)$3.852.20%
  • chainlinkChainlink(LINK)$16.045.81%
  • avalanche-2Avalanche(AVAX)$22.342.14%
  • stellarStellar(XLM)$0.2855751.75%
  • hyperliquidHyperliquid(HYPE)$26.401.75%
  • shiba-inuShiba Inu(SHIB)$0.0000152.00%
  • hedera-hashgraphHedera(HBAR)$0.1951903.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.700.59%
  • bitcoin-cashBitcoin Cash(BCH)$394.260.72%
  • the-open-networkToncoin(TON)$3.040.34%
  • litecoinLitecoin(LTC)$97.340.60%
  • polkadotPolkadot(DOT)$4.632.20%
  • moneroMonero(XMR)$347.441.10%
  • bitget-tokenBitget Token(BGB)$5.171.17%
  • pepePepe(PEPE)$0.0000132.37%
  • daiDai(DAI)$1.000.01%
  • piPi(PI)$0.740.81%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$266.9922.89%
  • uniswapUniswap(UNI)$5.973.82%
  • bittensorBittensor(TAO)$413.662.62%
  • nearNEAR Protocol(NEAR)$2.824.29%
  • aptosAptos(APT)$5.215.91%
  • okbOKB(OKB)$52.24-0.29%
  • ondo-financeOndo(ONDO)$0.943.75%
  • kaspaKaspa(KAS)$0.1087100.74%
  • ethereum-classicEthereum Classic(ETC)$18.595.10%
  • internet-computerInternet Computer(ICP)$5.273.95%
  • gatechain-tokenGateToken(GT)$21.600.80%
  • crypto-com-chainCronos(CRO)$0.0969221.09%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.830.84%
  • mantleMantle(MNT)$0.730.23%
  • vechainVeChain(VET)$0.0283503.12%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2334731.12%
  • render-tokenRender(RENDER)$4.664.71%
  • ethenaEthena(ENA)$0.3800896.97%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • algorandAlgorand(ALGO)$0.2239103.70%
  • arbitrumArbitrum(ARB)$0.3937135.62%
  • filecoinFilecoin(FIL)$2.863.43%