Peter Smith
Cardano has caught traders' attention with a sharp rally that pushed prices back to the $0.68 level. The move, backed by strong volume, suggests bulls are regaining momentum after weeks of quiet trading.
Recent Price Action
Cardano’s latest breakout was highlighted by Splash, ADA jumped from $0.64 to nearly $0.68 in just a few sessions — a solid 5% gain. What makes this interesting is the volume spike that came with it, shown clearly on the charts. This kind of buying pressure usually signals real interest, not just noise. The token bounced cleanly from a local low and is now testing resistance at $0.68, a level that's rejected several attempts lately.
What to Watch
Support sits around $0.63–$0.64, which held during the recent pullback. The key zone right now is $0.68 — if ADA breaks above and holds, the next stop could be $0.70 to $0.72. Volume and momentum both look decent for now, but this level will decide whether the move has legs or not.
Cardano isn't alone in this rally. Altcoins across the board are waking up after a slow stretch. ADA's fundamentals — ongoing DeFi growth, active development, and solid network activity — are helping it stand out. With risk appetite improving, the setup feels right for a short-term push higher, as long as buyers stay engaged.
Peter Smith
