#Cardano
🚀 Cardano ($ADA ): End of 45-day hibernation?
After a month and a half of sideways movement, $ADA is preparing for a powerful move. While the market was bored, the chart was accumulating energy. Here are the main figures and scenarios that you should know right now:
📊 Technical picture
• Consolidation zone: ADA has been stuck in the range of $0.245 - $0.304 for over 45 days.
• Key trigger: A break of the resistance at $0.304 opens the way for a rapid increase.
• Indicators: The RSI on the 4-hour timeframe (62.35) has room to move upwards without overheating the market.
🎯 Long Targets
Analyst Ali Charts identifies the following liquidity zones in case of a breakout:
1. $0.338
2. $0.376 (potential +30% from current)
3. $0.400 — CoinCodex forecast for the coming month.
📉 Why is the bottom near?
• Seller exhaustion: Drawdown from the historical high reached 90%. Historically, this is an area of extreme pessimism, where the phase of active accumulation by large players usually begins.
• Support: The 100-period SMA at $0.267 acts as a dynamic protection for bulls.
⚠️ Conclusion
The market is approaching a decision point. If ADA holds support and breaks $0.304 — we will see a rapid filling of liquidity gaps. If the support at $0.245 fails, the consolidation will be prolonged.
