The ADA/USDC pair is showing strong bullish momentum on the 15-minute chart, with buyers stepping in at key support levels. As of the latest data, Cardano (ADA) is trading at $0.706 against USDC, up 4.66% in the past hour, signaling potential for further upside.🚀🔥
$$$$Technical Analysis (15-Minute Chart)
1. Rising Trendline Support🐳
ADA/USDC has formed a clear ascending trendline (see chart below), indicating consistent higher lows. The latest bounce occurred near $0.67, reinforcing this support.
2. Break Above Key Resistance🚀
The pair recently broke above the $0.67 resistance level, flipping it into support. The next target is $0.72, followed by $0.74 if bullish momentum continues.
3. RSI and Volume Confirmation💵💰
The Relative Strength Index (RSI) is at 62, suggesting room for further upside before overbought conditions.
Increasing buying volume supports the breakout, reducing the risk of a false move.
ADA/USDC 15-Minute Chart
(Hypothetical chart description—insert actual chart here)
Support Levels: $0.67⭐
Resistance Levels: $0.72, $0.74⭐
Short-Term Outlook
If ADA holds above $0.67, we could see a push toward $0.72. A break below $0.67-0.65 may signal a short-term pullback, but the overall structure remains bullish.
Key Takeaway: ADA/USDC is primed for further gains if buyers maintain control.
What is your opinion on ADA ? You think Cardano will rise and follow it's previous' months price ? 🤔
