Cardano (ADA) continues to display strength on the weekly chart, holding firmly above $0.88 support with consecutive higher highs and higher lows. The structure favors continuation, with $1.19 emerging as the next major resistance.
Cardano has established itself as one of the more structurally bullish altcoins in the current cycle, with its weekly chart showing a clear pattern of consecutive higher highs and higher lows. This structure confirms a strong upward trajectory that remains intact despite minor pullbacks. Currently, ADA is retesting the $0.88 support zone, and early price action has shown a bullish reaction from this level. The defense of this region will be key in maintaining momentum for a rotation higher.
Key Technical Points:
- $0.88 Support: Critical level now being retested, providing the base for continuation.
- $1.19 Resistance: Next high-time frame barrier to overcome, likely to attract profit-taking.
- Point of Control Cleared: Price action is above the POC, shifting focus to the value area high as next volume resistance.
From a technical standpoint, ADA’s positioning above the point of control (POC) is a bullish sign in itself. The POC is often where the largest amount of trading activity has taken place, and regaining it typically reflects renewed buyer strength. With this reclaim, ADA has opened the path to challenge the value area high. If the value area high is exceeded, it would likely trigger a fresh wave of bullish expansion toward the $1.19 resistance level.
The importance of the $0.88 support cannot be overstated. Not only does it act as a structural pivot, but it also represents a zone where demand has consistently shown up to absorb supply. As long as ADA can sustain closes above this area on higher time frames, the bullish bias remains valid. Conversely, failure to hold $0.88 could shift focus back to lower levels, but at present, market structure strongly favors continuation upward.
Volume analysis also adds weight to the bullish case. Trading activity around the $0.88 region shows healthy accumulation, with buyers actively stepping in during retests. This behavior is typical of strong uptrends, where participants use pullbacks as opportunities to enter rather than exit. The presence of demand at support aligns with the ongoing weekly structure and signals confidence in higher valuations.
What to Expect in the Coming Price Action
Cardano remains well-positioned for further upside as long as $0.88 holds. The most immediate objective is to reclaim the value area high, which would likely ignite momentum toward $1.19 resistance. Consolidation above support would only strengthen this setup, as it would confirm market acceptance of higher levels. Traders should watch for continuation patterns and volume confirmation, as these will dictate the timing of ADA’s next move higher.