Attention, my crypto people! 🧐 The million-dollar question is: is the Cardano pump an epic recovery or just a quick breath before going down again? 💔 Let me tell you that ADA shot up, breaking that critical zone of $0.48, after hitting a low below $0.40. This bounce has been one of the most solid weekly movements we've seen in months, which is a super sign that demand is strong at long-term support! 💪
But as I always tell them, "all that glitters is not gold". ✨ The price of ADA/USDT (against the dollar) looks super cool, maintaining the recovered level of $0.45-$0.47 and limiting bear pressure. BUT, the real game changer has not happened yet. To confirm that this is a serious trend change and not just a "relief bounce", we need to see a sustained weekly close above $0.60. That is the resistance where several previous rallies have drowned! 🌊
Now, if we look at the ADA chart against the king, Bitcoin (ADA/BTC), things change and we need to put on our caution glasses. 🤓 Although Cardano has risen in dollars, it still lags behind BTC. The ADA/BTC pair is just bouncing off its lows, still trapped in a broader downtrend and has not broken key resistance levels. This means that the rise we are seeing is more due to the overall strength of the crypto market than to Cardano's internal strength. 🚩
Friends, altcoins only have sustained and explosive pumps when they outperform Bitcoin. If ADA does not start gaining ground against BTC, its upside potential has a ceiling. For now, we should see it as a phase of recovery and structural stability in USD, not as the beginning of a massive bull run. Keep an eye on that zone of $0.55–$0.60, because if we break it, the scenario changes radically! And if we lose the support of $0.42–$0.45, the progress goes overboard. Stay vigilant! 🕵️♀️
Do you think Cardano has what it takes to break the resistance of $0.60 before the end of the month, or is it just a market sleight of hand?$ADA
