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Cardano price surges past $0.80: where is ADA headed?

cryptonews100_tggfrn by cryptonews100_tggfrn
May 22, 2025
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Cardano price surges past $0.80: where is ADA headed?
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Cardano price
  • Cardano has surged greater than 65% since its April low of $0.5114.
  • Derivatives open curiosity hits 2025 excessive of $917 million.
  • A breakout above $0.85 may ship the price to $0.93 within the close to time period.

Cardano’s ADA token is as soon as once more within the highlight after bouncing sharply from its April lows to reclaim the $0.80 mark.

The transfer follows a surge in Bitcoin to a recent all-time excessive of $111,861 on 22 Might, which lifted sentiment throughout the crypto sector.

This broader market optimism has pushed ADA up over 65% from its latest trough, fuelling a renewed bullish narrative.

Analysts at the moment are watching intently to see if Cardano can maintain momentum and check the following resistance zone close to $0.93 within the days forward.

On the time of writing, Cardano is buying and selling at $0.8026.

Cardano price
Supply: CoinMarketCap

Cardano price construction alerts upside continuation

Cardano’s present rally comes after a unstable two-month stretch that noticed its price tumble from $1.19 on 2 March to a low of $0.5114 by 2 April — a 57% decline pushed largely by profit-taking.

Since that low, ADA has steadily climbed, reclaiming $0.84 on 10 Might earlier than a minor pullback to $0.71 on 19 Might.

The rebound above $0.80 this week suggests resilience in bullish construction, characterised by larger lows and a break above a rising trendline.

Key Fibonacci retracement ranges present help at $0.7526 (0.236 Fib) and quick resistance at $0.8533 (0.5 Fib).

A confirmed breakout above this zone may result in a retest of $0.934 (0.618 Fib) within the brief time period.

This price construction is additional strengthened by the RSI, which recovered from 45–48 final week to 61.13 on 22 Might, indicating strengthening shopping for momentum.

The MACD additionally accomplished a bullish crossover on 21–22 Might, and inexperienced histogram bars have continued to increase, including affirmation to the upward development.

BBTrend, quantity, and derivatives metrics verify momentum

The BBTrend indicator, which measures directional power based mostly on Bollinger Band volatility, has flipped considerably, shifting to +8.9913 — probably the most bullish studying in months.

This shift alerts not solely elevated price volatility but in addition a directional tilt in favour of bulls.

Quantity and derivatives information additional verify the bullish outlook. Open curiosity in ADA-related derivatives markets has surged to $917 million, the very best degree seen in 2025.

This soar in open positions suggests elevated confidence and capital deployment from merchants, which helps the sustainability of the continuing rally.

Spot buying and selling volumes have additionally picked up after a sluggish begin to the month, indicating stronger retail participation as ADA regains price ranges not seen since March.

Key price ranges to look at this week

Merchants are intently watching the $0.85 resistance zone. A profitable breakout above this might speed up good points towards $0.93–$0.94 over the following 7–10 days.

On the draw back, the $0.75–$0.77 help band stays vital. A breakdown beneath this vary may expose ADA to deeper losses, presumably towards $0.72 and even $0.647 if promoting strain will increase.

Whereas the general technical setup stays bullish, a lot will depend on whether or not the price holds key help ranges and maintains present quantity momentum.


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