Usman Salis
Cardano might be flying under the radar while everyone's talking about Ethereum and Solana, but that could be exactly what makes it interesting right now. ADA has been quietly building strength both in price action and its underlying ecosystem. Sometimes the best opportunities come from the projects that aren't getting all the hype, and Cardano's current setup suggests something might be stirring.
ADA Price Analysis: Ranging Before a Move
Crypto analyst @CryptoMichNL sees Cardano trading around $0.8153, sitting comfortably above the key support at $0.7460. The big test comes at $0.9850 resistance – if ADA can break through there, we could see a move toward $1.2430.
The chart suggests ADA might be starting the first leg of a bigger upward cycle. Based on past patterns, if this momentum keeps building, we could see ADA make a run at new all-time highs sometime in 2025 or 2026.
While the price chart shows consolidation, what's happening behind the scenes is pretty interesting. Cardano has been steadily growing its app ecosystem, staking participation, and developer activity. It's the kind of quiet building that often happens before major price moves.
The methodical approach that Cardano is known for seems to be paying off, with institutional players taking notice and long-term holders staying patient. Less selling pressure combined with more network activity is setting up a nice foundation.
Strategic Entry Points for Traders
For those looking to get in, the sweet spot appears to be between $0.74–$0.81. If the broader market takes a hit, this could be a great accumulation zone. On the flip side, a clean break above $0.9850 could be the signal that bulls are ready to push toward $1.2430 and beyond.
Cardano's current behavior has that "calm before the storm" feel to it. This tight trading range often signals accumulation, and if history is any guide, ADA might be gearing up for the kind of explosive move that has defined its previous cycles.
Usman Salis
