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Cryptocurrency News Articles
Cardano (ADA) Shows Resilience, Rebounding from Key Support Levels
Mar 15, 2025 at 06:28 am
Cardano (ADA) continues to capture attention with its dynamic price movements and strong ecosystem developments. Despite recent fluctuations, the cryptocurrency has shown resilience
Cardano (ADA) has shown resilience with a 4.13% increase, currently trading at $0.7316. The price remains within a volatile range, testing key levels of support and resistance.
Cardano (ADA) has shown resilience with a 4.13% increase, currently trading at $0.7316. The price remains within a volatile range, testing key levels of support and resistance.
If bullish momentum continues, ADA could challenge the immediate resistance at $0.7722, with further upside potential toward $1.03. A breakout above this level may lead to a retest of the $1.3278 high.
If bullish momentum continues, ADA could challenge the immediate resistance at $0.7722, with further upside potential toward $1.03. A breakout above this level may lead to a retest of the $1.3278 high.
However, the price is still hovering near the middle Bollinger Band, suggesting a possible period of consolidation before a decisive move. The MACD indicator remains in bearish territory, indicating that a lack of strong buying pressure could lead to retracements.
On the downside, ADA faces critical support at $0.5143, which aligns with the lower Bollinger Band. If selling pressure increases, the next level to watch is $0.3173, a key historical low that may act as a strong demand zone. A break below this level could push ADA into deeper correction territory, with $0.25 emerging as a last line of defense.
On the downside, ADA faces critical support at $0.5143, which aligns with the lower Bollinger Band. If selling pressure increases, the next level to watch is $0.3173, a key historical low that may act as a strong demand zone. A break below this level could push ADA into deeper correction territory, with $0.25 emerging as a last line of defense.
Cardano Price Analysis: Can ADA Finally Break Through to Retest $1.32 High?
Cardano (ADA) has shown promising signs of recovery, sparking optimism about a potential move back to its previous high of $1.32. Recent price action suggests that buyers are gradually regaining control, with ADA finding stability above key support levels.
Cardano (ADA) has shown promising signs of recovery, sparking optimism about a potential move back to its previous high of $1.32. Recent price action suggests that buyers are gradually regaining control, with ADA finding stability above key support levels.
If bullish momentum strengthens, a push past the nearest resistance zones could pave the way for a retest of this critical level. However, sustained upward movement will require increased trading volume and positive sentiment in the broader crypto market. A decisive breakout above $1.32 could signal the beginning of a stronger rally, drawing in more investors interested in joining the trend.
From a fundamental perspective, Cardano’s ecosystem continues to expand, providing a solid foundation for long-term growth. The network’s ongoing development, including advancements in scalability and smart contract capabilities, enhances its appeal among developers and institutions.
From a fundamental perspective, Cardano’s ecosystem continues to expand, providing a solid foundation for long-term growth. The network’s ongoing development, including advancements in scalability and smart contract capabilities, enhances its appeal among developers and institutions.
Moreover, rising adoption in decentralized finance (DeFi) and enterprise solutions could act as a catalyst for ADA’s value appreciation. If these innovations translate into increased utility and user engagement, the token may acquire the momentum needed to revisit and surpass its previous high.
ADA/BTC Price Analysis
The ADABTC daily chart reflects a period of consolidation following a sharp upward move, with the price currently resting at 0.00000870 BTC. Bollinger Bands are tightening, signaling reduced volatility, while the MACD’s downward trajectory suggests that bullish momentum is fading. Resistance remains firm at 0.00001141 BTC, and if ADA fails to regain strength, it may slip toward key support zones at 0.00000642 BTC and 0.00000470 BTC.
The ADABTC daily chart reflects a period of consolidation following a sharp upward move, with the price currently resting at 0.00000870 BTC. Bollinger Bands are tightening, signaling reduced volatility, while the MACD’s downward trajectory suggests that bullish momentum is fading. Resistance remains firm at 0.00001141 BTC, and if ADA fails to regain strength, it may slip toward key support zones at 0.00000642 BTC and 0.00000470 BTC.
However, a decisive push above 0.00000892 BTC could reignite bullish sentiment, potentially setting the stage for another strong move upward.
Adding to this outlook, crypto analyst Ali Martinez has pointed out that ADA is on the brink of a breakout from its current triangular formation, with the potential to trigger a 15% price surge. If this prediction materializes, it could provide the necessary momentum to propel ADA beyond its resistance levels, drawing renewed investor interest and reinforcing confidence in its long-term trajectory. A breakout here could not only impact ADA’s performance against BTC but also strengthen its overall market position, signaling the potential for a broader bullish trend.
#Cardano $ADA is about to break free! Busting out of this triangle will trigger a 15% price move. pic.twitter.com/HrKEdaA96Q
— Ali (@ali_charts) March 14, 2025
Best Wallet Token Presale: The Right Utility Coin
For those seeking a cost-effective alternative to ADA, the $BEST token presents a compelling option. As the core of Best Wallet, $BEST provides exclusive benefits such as lower transaction fees and governance rights. Its staking program, offering an impressive 159% APY, encourages long-term participation while promoting token stability. With support for seamless swaps and cross-chain transactions across over 200 DEXs and 20 bridges, $BEST ensures an efficient and versatile crypto experience.
Having raised over $11 million in its presale, $BEST is positioning itself as a strong contender in the crypto space. Investors who find ADA’s price challenging may view $BEST as a more accessible entry into a dynamic ecosystem that shares many of ADA’s strengths. By integrating a broad digital finance approach with expanding token utility, Best Wallet offers a flexible yet powerful gateway to cryptocurrency engagement.
Visit Best Wallet.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- The Ethereum Pectra update has been pushed back to at least late April, and for now, developers have come forth with a third testnet for the project, known as Hoodi.
- Mar 15, 2025 at 02:45 pm
- News about this development came from Tim Beiko on Ethereum Magicians, which revealed the Hoodi launch will happen on March 17th and the mainnet fork time for Pectra will only be chosen after it successfully activates on Hoodi.
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