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The Cardano price prediction shows that ADA remains range-bound between $0.80 and $1.15, with strong resistance limiting bullish momentum.
Cardano Prediction Data:
- Cardano price now – $0.964
- Cardano market cap – $34.62 billion
- Cardano circulating supply – 35.21 billion
- Cardano total supply – 44.99 billion
- Cardano Coinmarketcap ranking – #8
Getting in early on crypto projects can often yield significant gains, as seen with Cardano (ADA). Since its all-time low of $0.01735 on October 1, 2017, ADA has surged by an impressive 5,192.35%, reaching a recent high of $0.9961 in the past 24 hours. While it remains below its all-time high of $3.10 from September 2, 2021, this growth highlights the potential rewards of early adoption in the crypto space.
ADA/USD Market
Key Levels:
Resistance levels: $1.250, $1.300, $1.350
Support levels: $0.650, $0.600, $0.550
The Cardano daily chart shows a significant bullish breakout from its previous downward trend, with the price currently trading at $0.964, reflecting a +2.34% gain. The 9-day MA (0.796) and 21-day MA (0.784) have now been surpassed, confirming a shift in momentum toward the upside. Additionally, the price has broken through the mid-range of the descending channel, indicating growing bullish strength. The recent surge in trading volume (14.08M ADA) further supports the likelihood of continued upward momentum, as strong buying interest drives the price higher.
Cardano Price Prediction: ADA Could Spike Above the Channel
The Cardano price may spike to the upside if the buyers increase the pressure. However, if the bullish momentum continues, ADA/USD could push toward the $1.200 resistance level, which marks the upper boundary of the descending channel. Breaking and closing above this level would confirm a trend reversal, potentially opening the door for further gains toward $1.250, $1.300, and $1.350. Meanwhile, if the price faces rejection near $1.100, a pullback to the moving averages around $0.800 – $0.850 could occur, offering a possible retest of the breakout level before resuming an upward move. Traders should closely watch whether ADA can sustain its gains above $1.00, as this psychological level may play a critical role in determining future price action.
Cardano (ADA) Price Prediction & News 2025
On the other hand, if the price fails to hold above $0.960 and sellers regain control, ADA/USD could retrace towards $0.80 or even the key support level at $0.65. A break below $0.65 would invalidate the bullish outlook and signal a continuation of the broader downtrend toward the supports at $0.650, $0.600, and $0.550. However, as long as ADA remains above the moving averages and the breakout level, the overall market sentiment remains bullish, favoring a move toward higher price targets in the coming days.
ADA/BTC Keeps Moving within the Channel
ADA/BTC daily chart shows a strong bullish breakout from the previous downtrend, with the price currently trading at 1074 SAT. The price recently surged past the 9-day MA (908 SAT) and the 21-day MA (848 SAT), confirming a bullish shift in momentum. Additionally, the breakout from the descending channel pattern suggests that buyers are regaining control, with increased volume (14.14M ADA) indicating strong market interest. If the bullish trend continues, the next key resistance level stands at 1350 SAT, which aligns with the upper boundary of the channel. A break above this resistance could trigger further gains toward 1500 SAT and beyond, reinforcing the bullish outlook.
However, if the price faces rejection near the resistance zone, ADA/BTC could retrace toward the 1000 SAT psychological level or even the 900 SAT area, where the moving averages could provide dynamic support. A deeper correction could see the price revisiting the key support at 800 SAT, invalidating the bullish breakout scenario. As long as ADA/BTC stays above the moving averages and maintains its breakout structure, the bias remains bullish, with potential for another leg higher toward the 1350 SAT resistance zone. Traders should watch for volume confirmation and price action near key levels to determine the next move.
Meanwhile, Crypto analyst @ali_charts confirms on X (formerly Twitter) that Cardano ($ADA) is consolidating within a right-angled descending broadening wedge, a pattern that often signals potential breakout opportunities. If ADA successfully breaks above the $1.14 resistance level, it could trigger a strong bullish rally toward the $2 mark.
#Cardano $ADA is consolidating within a right-angled descending broadening wedge. A breakout above $1.14 could trigger a strong upward move toward $2! pic.twitter.com/kdX96qTJN7
— Ali (@ali_charts) March 5, 2025
Cardano Alternatives
The upcoming Crypto White House Summit is a key event to watch, as it could bring much-needed regulatory clarity or spark institutional interest in ADA, potentially acting as a catalyst for a breakout. Until then, ADA is expected to remain within its current range, experiencing short-term volatility without a clear trend. At the same time, Best Wallet continues to gain traction in the crypto space, securing $10.7 million in presale funding and positioning itself as a leading Web3 wallet for 2025. With advanced asset management features, a user-friendly interface, and multi-chain compatibility, it stands as a strong competitor to MetaMask and Trust Wallet. Investors looking to access ADA can conveniently purchase it through Best Wallet, further enhancing its appeal in the evolving crypto landscape.
Best Wallet 2025: 10x Surge for $BEST Token Predicted
Beyond secure transactions, Best Wallet provides exclusive perks, governance rights, staking rewards, and seamless cross-chain transfers, making it an essential tool for navigating the evolving crypto landscape. As the crypto market expands, Best Wallet is positioning itself as the top Web3 wallet for 2025, offering unmatched opportunities for both seasoned traders and newcomers. Don’t miss out—secure your $BEST tokens today and be part of the next big wave in crypto investing.
Related News
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