- Cardano (ADA) must break above the $0.70–$0.75 resistance zone to confirm a long-term bullish trend.
- While short-term signals look promising, the overall outlook remains uncertain without a decisive breakout.
Cardano (ADA), one of the top blockchain platforms by market cap, is once again testing a crucial resistance level that could determine its long-term fate. After an underwhelming performance over the past several months, ADA is now showing signs of life—but a decisive breakout is still needed to confirm a bullish reversal.
ADA has struggled to regain momentum since hitting a cycle high of $1.33 in December 2024. Following a steep decline, the token fell over 16% in early 2025, wiping out gains and casting doubt on the sustainability of its late-2024 rally. The key level in question now is the $0.70 resistance zone, which ADA previously broke in November but failed to hold.
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Technical indicators are currently sitting at critical levels. The Relative Strength Index (RSI) hovers around 50, and the Moving Average Convergence/Divergence (MACD) is flat at zero. A move above $0.70 could flip these indicators bullish—potentially setting the stage for a longer-term uptrend.
However, the weekly chart suggests a more cautious outlook. The price action shows a possible five-wave decline from ADA’s all-time high in 2021, with the current bounce potentially being just a corrective A-B-C pattern. This structure implies that the current recovery could be short-lived unless ADA breaks convincingly above the midline of the descending parallel channel, currently near $0.75.
On the brighter side, ADA’s bounce from support on April 7 and its continued movement within the channel suggest that a breakout is still on the table. If Cardano can close above the $0.70–$0.75 resistance band, it would invalidate the bearish structure and mark a significant technical shift.
For now, ADA stands at a crucial crossroads. Whether it can break out or faces another rejection will determine if the next phase is a renewed bull run—or a deeper correction.