📈 Brief Analysis of $ADA (Cardano) – July 22, 2025
The price of $ADA today is around $0.877, slightly down about 3% in the last 24 hours. Although a correction has occurred, technically $ADA is still in an upward trend after successfully breaking out from the strong resistance zone of $0.85 a few days ago.
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🔎 What is Happening?
✅ The fundamentals are still solid
• DeFi ecosystem activity on the Cardano network continues to rise.
• Institutional support is increasing, even Grayscale has already included ADA in their portfolio.
• There are also rumors about a Cardano ETF and digital payment collaborations, which keeps medium-term sentiment positive.
📊 From a technical perspective:
• The price remains firmly above the strong support of $0.85
• RSI still shows bullish momentum, although it is starting to get somewhat overbought
• The nearest resistance now is at $0.90; if broken, the next target is $1.00 – $1.10
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🎯 Where is CARDANO Heading?
• Short term: Consolidation first at $0.85 – $0.89
• Mid term: If it breaks out at $0.90 with volume, it could continue to $1.00 or more
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💡 Trading Strategy
• Ideal entry: $0.85 – $0.87
• Target: $0.95 – $1.00
• Stop loss: below $0.83
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🧠 Conclusion:
As long as BTC doesn’t plummet and the global market remains stable,
Cardano still has the potential to rise. Now it’s just a matter of waiting for the breakout moment or buying on dip. Don’t FOMO, stay safe with risk management!
