ADAUSD – Daily Chart<\/figcaption><\/figure>\nThe 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.<\/p>\n
Cardano Price Prediction: ADA Could Spike Above the Channel<\/h2>\n
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.<\/p>\n
Cardano (ADA) Price Prediction & News 2025<\/strong><\/p>\n