Usman Salis
Every major crypto cycle needs a solid base to launch from - and Cardano might have just found it. The setup looks eerily similar to what we saw before ADA's biggest moves in 2020-2021.
Key Technical Levels to Watch:
Trading analyst TapTools pointed out something crucial: ADA is sitting pretty above its long-term support structure, the same spot where previous monster rallies began.
- Current Price: $0.866
- Critical Support: Bull market band between $0.68-$0.78 (holding strong)
- Next Targets: $1.50-$2.30 resistance zone
- Major Breakout Level: Above $2.30 could trigger serious momentum
The chart shows a classic rounded accumulation pattern - the kind of slow, steady base-building that often precedes explosive moves. ADA spent months grinding along this support, shaking out weak hands and building a foundation for what could come next.
The Bitcoin Halving Connection
Here's where it gets interesting. ADA's biggest rallies have historically aligned with Bitcoin halving cycles, and we're approaching the next one in 2026. If the pattern repeats, this current consolidation phase might be the quiet before the storm. Previous cycles suggest mid-term targets around $5-$8 aren't unrealistic, with some projections pushing into double digits during peak euphoria.
Three factors are keeping ADA resilient while other alts struggle. Over 60% of the supply remains staked, creating natural scarcity and reducing selling pressure. The Cardano ecosystem is finally hitting its stride with DeFi protocols, NFT projects, and smart contracts gaining real traction. And the broader crypto market is starting to price in the next Bitcoin halving cycle, lifting sentiment across quality projects.
Usman Salis
