Cardano Eyes $0.90 as Bullish Momentum Builds
Key Takeaways
Cardano (ADA) is currently showing a clear bullish trend. The price has reclaimed the $0.75 USD level, turning a key resistance zone into support. Technical indicators such as On-Balance Volume (OBV) and the Relative Strength Index (RSI) point to increasing demand and a positive market sentiment. A rise toward $0.90 USD is possible—provided trading volume picks up and Bitcoin remains stable.
Cardano Breaks Through Key Resistance Levels
In recent weeks, ADA has overcome several technical hurdles. The area around $0.756 USD was particularly critical. This price marked a previous high from March, which has now been successfully breached and confirmed as new support. This is a classic sign of a bullish trend reversal.
The 4-hour chart also shows a bullish picture. The structure of recent swing points—especially the low at $0.648 USD and the high at $0.84 USD—suggests a continuation of the upward trend. Additionally, a downward trendline has been broken, opening up further room for price increases.
Technical Indicators Support the Uptrend
The RSI (Relative Strength Index) has broken above the neutral 50 mark, indicating growing positive momentum. At the same time, the OBV (On-Balance Volume) is rising, which signals increasing buying power. Both indicators confirm the bullish market structure.
Another factor is the long-to-short ratio, which currently sits at 0.97—almost balanced. This shows that many traders are betting on rising prices without the market becoming overheated. However, position sizes remain relatively small, indicating cautious market participants.
Bitcoin as a Market Driver for ADA
Bitcoin (BTC) is currently trading just below its all-time high at $108,700 USD. If BTC breaks through this resistance, it could boost the entire crypto market—including Cardano. ADA often reacts strongly to Bitcoin’s movements, so it’s important to keep an eye on BTC as well.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Africa Slots: Best African-Themed Slot Machines
Reading time: ~ 3 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 3 minutes
-
Low Wagering Casino Bonuses 2025
Reading time: ~ 3 minutes
-
Play in Plinko Casinos Online 2025
Reading time: ~ 3 minutes
What Traders Should Watch For
If you’re considering investing in or trading ADA, keep the following points in mind:
- Confirm the breakout with increasing trading volume.
- Watch the $0.75 USD level as short-term support.
- A pullback to $0.72 USD would still be consistent with a bullish scenario.
- If the price rises above $0.84 USD, a test of the $0.90 USD level could follow.
Our Assessment
Cardano currently shows a solid technical foundation for further price increases. The reclaiming of key price zones, combined with positive indicators, suggests additional upward potential. In the short term, a move to $0.90 USD is realistic—provided the market environment remains stable and demand continues to grow. However, traders should also factor in possible pullbacks and secure their positions accordingly. For those with long-term confidence in ADA, the current market phase offers attractive entry opportunities.
| Symbol | ADA |
| Coin type | Alt Coin |
| Transaction Speed | High |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | 0.58096 |
| 24h % | 4.96 % |
| 7d % | -5.11 % |
| 30d % | -22.23 % |
| 60d % | -19.17 % |
| 1y % | 56.08 % |
| Market Cap | $20,970,313,325.00 |
| Max. Supply | 45,000,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
Advertising transparency