🚀 $ADA Start Rising — Is Cardano Ready to Break $1?
The current price of Cardano ($ADA) is around $0.83, experiencing a stable increase in recent days. Many traders are starting to look back at ADA as a strong candidate in the next altseason.
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📊 Brief Technical Analysis
• Trend: Confirmed medium-term uptrend, price breaking through MA-50 & MA-200
• RSI: Currently in the 60s, meaning there is still room to rise before entering the overbought zone
• Support Zone: $0.80 – $0.82
• Strong Resistance: $0.86 – $0.88
• Potential Breakout: If it breaks $0.88 with volume, the next technical target could lead to $0.95 – $1.00
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🔎 Why $ADA is Worth Watching?
1. Increasing Institutional Adoption — Large funds have started flowing into ADA since Q2 2025
2. Continuous Innovation — Development of Hydra & Mithril, plus cross-chain integration
3. Market Sentiment Supports — Many analysts are starting to call ADA an undervalued altcoin
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🧭 Steps for Traders
Strategy
Action
Breakout Hunter
Entry if it breaks $0.88 → Target $0.95 – $1.00, Stop loss at $0.86
Buy on Dip
Buy in the zone $0.80 – $0.82 → Swing target to $0.90, SL at $0.79
Range Trading
Quick play in the range of $0.82 – $0.88 for scalping
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💬 Conclusion
Cardano is in a strong recovery phase. If $BTC remains stable and altcoins start to heat up, $ADA could be one of the major projects that rises early.
The key lies in breaking $0.88. If it fails, consolidation might happen before continuing to rise.
