cardano

Cardano recovered from the $0.25 monthly floor, used the MA 100 as a rising support base through the May rally, and has now reached $0.2748, the exact zone where the March breakdown began and where a rejection already occurred on March 25.

Key Takeaways
ADA at $0.2748.MA 100 at $0.2652.RSI at 61.73, signal at 70.98.Primary target if structure holds: $0.36 - 31% above current priceSecondary macro target: $0.53 - 93% above current price
How the MA 100 Built the Rally and Where It Stands Now
From May 4, Cardano began climbing steadily from around $0.248, and through every pullback in the following days, the MA 100 at $0.2652 acted as the floor. Price would dip toward the blue line, find buyers, and reverse.

That pattern repeated across multiple sessions, building a structure of higher lows anchored to the MA 100. The MA 100 built the recent rally by absorbing every pullback as rising support: now price is above it for the first time in weeks, and whether it holds on the first test from above determines whether this is a trend or a bounce.
The RSI reading at the session high is the warning. ADA's RSI sits at 61.73 while its signal line reads 70.98, a spread of 9.25 points with the signal above the RSI. When the RSI signal crosses above the RSI on the 14-period close, it reflects momentum that has already peaked and is beginning to fade. Price reached a session high near $0.2780-$0.2800 and has since pulled back to $0.2748.
The pullback is modest in absolute terms but significant in timing: it is happening exactly at the level where price was previously rejected in March, with RSI already rolling over. A further pullback toward the MA 100 at $0.2652 in the coming sessions is the higher-probability near-term scenario.
The March Rejection Zone ADA Has Just Re-Entered
The medium-term picture runs from mid-March to today. In mid-March, ADA was trading near $0.2950-$0.2995 before a sharp decline began. That level marked the origin of a multi-week selloff that pushed price down through April. On March 25, ADA attempted to recover and reclaim the breakdown zone, reaching approximately $0.270-$0.275 before being rejected and continuing lower. The current price of $0.2748 is sitting inside that same rejection zone. The March 25 rejection happened at almost exactly current price, which means ADA is not approaching resistance: it is already at it, and the RSI is already signaling that momentum is fading at precisely that level.

Converting this zone from resistance to support requires a close above $0.275 on meaningful volume, something the current session has not yet produced. For ADA to clear this zone and begin the move Ali Charts is targeting, it needs to convert $0.275 from a rejection level into a confirmed support, which requires a sustained close above it on meaningful volume. That has not yet happened. The current session is showing a pullback from the zone's upper boundary without a confirmed breakout. The MA 100 at $0.2652 is the first line of defense on a pullback: holding it would keep the bullish structure intact. Losing it would indicate the recovery from $0.25 has stalled and that a deeper retest of lower support is required before the next attempt.
What the Monthly Analysis Adds to the Picture
Analyst Ali Martinez identified $0.25 as a critical monthly support level with a documented track record. In January 2023, ADA bounced from $0.25 and produced an 88.27% rally over the following weeks. In September 2023, the same level held and sparked a move that reached 243% from that base. Ali Charts noted that ADA is currently bouncing off this floor again, calling for a primary target of $0.36 and a secondary macro target of $0.53 as long as $0.25 holds.
https://twitter.com/alicharts/status/2052992210400940206
Ali Charts' $0.25 floor has done its job twice before with 88% and 243% returns. The question is not whether the floor worked: it already did. The question is whether the current level converts from rejection zone to launchpad. The short-term chart and the monthly analysis are not in conflict: they describe the same setup from different timeframes. The monthly floor provided the bounce. The short-term structure is now testing whether that bounce has enough momentum to clear the March rejection zone and begin the next leg toward $0.36.
The confirmation signal is ADA sustaining a close above $0.2780 on above-average volume within 48 hours, which would indicate the March rejection zone has been absorbed. The denial signal is a close below the MA 100 at $0.2652 within 24 hours, which would indicate the momentum fade has overwhelmed the recovery structure and that a retest of lower support is the next move before any approach toward $0.36.
#Cardano

#Cardano appears to be repeating a familiar breakout pattern, sparking renewed speculation that it could soon reclaim the $1 level.
This follows a period of renewed price momentum in the past seven days. Cardano (ADA) has increased by over 5% during this period, spurred by broader positive market conditions. Now, analysts are betting on this momentum to continue to much higher prices.
Key Points
A setup on the daily timeframe shows that ADA is nearing a breakout from a prolonged consolidation range.The pattern closely resembles a similar price range that preceded its explosive rally in late 2024.Momentum indicators on the chart also show improving conditions.ADA continues to hold above key support levels around $0.24.ADA could eventually retest the psychological $1 level if it breaks out and mirrors the previous price trajectory.
Cardano Nears Breakout From Price Consolidation Range
Mintern, the self-acclaimed CMO of Minswap, highlighted a setup on the daily timeframe that shows ADA nearing a breakout from a prolonged consolidation range near historical support. This is notable, as a similar event had occurred before and posed bullish implications for the coin.

The pattern closely resembles a similar price range that preceded its explosive rally in late 2024. Cardano consolidated around the mid-$0.30 level between August and early November 2024 within a tight descending channel before eventually breaking higher to the cycle’s high of $1.32.
Notably, the market seems to be forming a nearly identical pattern. Cardano has spent months consolidating near the $0.24-$0.30 range while repeatedly defending a major support. During that period, sellers gradually lost momentum, allowing the market structure to tighten further.
Now, ADA is nearing the upper resistance trendline of this price range, strengthening the prospect of a breakout. 
Market Indicators Signal Growing Momentum
Momentum indicators on the chart also show improving conditions. The relative strength index (RSI) has trended upward to 60.49, suggesting buying pressure is strengthening as traders rotate back into Cardano.
The RSI 14 also recently broke above the RSI-based MA line, confirming that momentum is shifting upwards. At the same time, the MACD histogram continues to print large green bars, adding another layer to bullish prospects.
Additionally, ADA continues to hold above key support levels around $0.24. As long as the price remains above that region, bulls maintain control of the short-term structure.
Potential Cardano Breakout Targets $1
Mintern suggested that if Cardano breaks out and follows the same trajectory as the previous setup, ADA could eventually retest the psychological $1 level. From the current price near $0.264, such a move would represent a gain of more than 278%.
However, broader market conditions still matter. Bitcoin’s direction will likely continue influencing whether Cardano sustains enough momentum for a larger rally. Analysis suggests that BTC hitting $86,000 opens the way for a massive ADA pump.
In the meantime, the market remains uncertain. Trading volume has dropped 24%, and open interest has declined by 7% in the past 24 hours, supporting this narrative.
#Cryptonews