🚀 #Cardano #ADA Hits Legendary Support at $0.37.. Ready for a Beastly Rally with NIGHT Launch & 2026 Upgrades? 🔥💥
today December 17, 2025, $ADA is currently trading around $0.368 - $0.378, with a slight decline (-3% to -4% in the last 24 hours). After a strong correction from last year's peak at ~$1.32, the price is testing critical historical support—but the NIGHT launch and network upgrades are fueling confidence in a near-term rebound! 💪
Quick Technical Glance 📉:
Price clinging to strong support at $0.365 - $0.3714 (Fibonacci 1.0 level and historical bullish order block).
RSI around 35-39, in oversold territory—increasing the chances of a powerful bounce soon.
Key resistance at $0.42 - $0.45; breaking it opens the door to $0.50 - $0.70 by month-end.
Short-term trend: Mildly bearish but oversold, with momentum starting to shift bullish.
Hot News 📰:
Recent launch of NIGHT token (December 2025) with immediate trading and redemption of over 4.5 billion tokens—boosting privacy and DeFi on the Midnight sidechain!
Governance approval to withdraw 70 million $ADA to fund infrastructure upgrades (Hydra, Leios, Mithril)—the fastest decision in Cardano history with strong backing from core teams.
Whale accumulation and high ETF odds (75% chance in 2026), despite temporary TVL drop to ~$186 million.
Future Outlook 🔮:
Short-term: Defense of $0.37 with potential upside to $0.50 - $0.70 (even $1.00 optimistically) by month-end if NIGHT drives positive impact and sentiment improves.
2026: Massive optimism! Analysts forecast $0.50 - $2+ (some up to $3-5) thanks to upgrades, ETFs, and institutional adoption.
Long-term: Cardano primed for new historic highs with privacy via Midnight and fully decentralized governance.
This drop to $0.37 is an unmissable accumulation opportunity, folks.. Cardano builds quietly and always explodes with real innovation! 🌟
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