🚨 Don’t Count ADA Out: $1 Is Still on the Horizon!
Cardano ($ADA ) has faced some selling pressure recently, slipping slightly in the short term. But make no mistake, the $1 mark is still very much in play. Here’s why:
🔧 Technicals remain bullish
Despite the dip, ADA has maintained its breakout from a long-term downtrend and formed a golden cross on the weekly chart, a powerful bullish signal that often precedes major price surges.
💼 Institutional confidence is growing
Cardano now makes up nearly 19% of Grayscale’s Smart Contract Fund, reflecting rising confidence from institutional players. Rumors of a potential spot ADA ETF have added even more optimism to the mix.
📈 Volume and momentum are building
ADA surged over 15% recently, with trading volume nearly doubling. Even with minor corrections, this kind of activity shows demand is still alive and buyers are ready.
🌍 Macro market support
As Bitcoin trends upward, the broader market is catching fire and ADA historically follows strong BTC moves. If Bitcoin pushes higher, ADA could ride the wave straight past $1.
Cardano has the fundamentals, the technical setup and the community support. Short-term dips don’t change the long-term vision. This is just a pause on the path to $1 and beyond.
