The Cardano (ADA) token is near a decisive resistance level. Analysts warn that the next step may depend on whether the sustainable bullish trend continues or the asset returns to further consolidation. In a recent video on YouTube, crypto analyst Dan Gambardello explained that the short-term spike of ADA above $1, which lasted only a few minutes, brought the token directly to multi-year resistance in the form of a trend line.
Gambardello stated that the level at $1 is a potential 'catalyst' for a major breakout, especially if ADA can confidently close daily candles above this mark. The crypto analyst compared the current situation to the conditions that developed at the beginning of 2021, when Ethereum's breakout to new highs provoked a wide rally of altcoins. This time, ETH is only 'one step' from its historical maximum, increasing the likelihood of a new altcoin season. For Cardano, the technical picture is clear. A breakout above the $1 mark could lead to a rise to $1.75–$2. On the macro level, the 20-day moving average of ADA has just crossed the 200-day moving average, which is a bullish signal. The last time such a crossing was observed was before a strong rise at the end of 2024.
