Cardano Price Prediction: ADA Eyes 56% Rally as Breakout Pressure Builds
Cardano entered the week testing a familiar support region that has repeatedly shaped its short-term trend. Price action around this zone...
Quick overview
- Cardano is testing a key support region, with buyers consistently stepping in around the $0.41–$0.43 range.
- Analysts are cautiously optimistic, targeting a potential 56% rally toward $0.67 if ADA breaks above a descending resistance line.
- An inverse head-and-shoulders pattern on the 4-hour chart suggests a bullish turn, with early targets at $0.48 and $0.52.
- Strong buyer demand and positive market engagement indicate a potential breakout, but a drop below $0.40 could weaken the bullish setup.
Cardano entered the week testing a familiar support region that has repeatedly shaped its short-term trend. Price action around this zone shows steady dip absorption, with buyers stepping in each time ADA tests the lower range. On-chain flows tell the same story: demand is firm, positioning the asset for a potential shift away from its recent consolidation.
Despite broader market uncertainty, analysts are turning cautiously optimistic. ADA has carved out a tight trading range, and buyers now appear more willing to challenge overhead resistance. Whether Cardano breaks out—or slips back into sideways movement—may be decided in the coming sessions.
Analysts Target a 56% Rally Toward $0.67
Market strategist Faibik highlights a descending resistance line that has capped ADA’s rebounds for weeks. Price is now compressing directly beneath that trendline, while accumulation continues in the $0.41–$0.43 pocket.
His upside map points to a potential move toward $0.67, a 56% extension if ADA clears the multi-week ceiling.
Key takeaways from Faibik’s chart:
- Breakout trigger sits above the descending trendline
- Main target sits at $0.67
- Local invalidation rests just below recent swing lows
- Accumulation remains strong between $0.41–$0.43
A clean break could broaden ADA’s recovery window and reopen levels not seen since early 2024.
Inverse H&S Formation Shows a Bullish Turn
Cardano’s 4-hour chart also shows an inverse head-and-shoulders pattern. The left shoulder formed near $0.41, the head around $0.37, and the neckline stretches across $0.44–$0.45. The right shoulder continues to develop above $0.40, showing controlled pullbacks rather than forced selling.
The MACD supports the bullish tone—with the MACD line above the signal line and early positive histogram bars suggesting a build in momentum.
If ADA breaks the neckline, early targets sit at $0.48 and $0.52—levels that align with Faibik’s broader upside map.
CVD Trends Reinforce Buyer Strength
Cardano’s 90-day Taker Buy CVD signals rising aggressive demand, with buyers consistently lifting offers rather than waiting passively. This pattern often precedes sustained breakout attempts.
Additional supportive factors include:
- Strong ecosystem interest following the Midnight update
- Market engagement boosted by Binance’s listing of the NIGHT token
- Persistent support near the neckline
Conclusion
ADA is approaching a decisive moment. With a tightening structure, bullish chart formation, and firm buy-side flow, Cardano is building a foundation for a potential breakout above $0.44–$0.45. A move through that zone opens the door to $0.48, $0.52, and the high-confidence $0.67 target. A drop below $0.40 would weaken the setup and delay the breakout narrative.
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