Peter Smith
Cardano (ADA) is edging closer to a decisive price level that could shape its next trend. After months of consolidation and a steady rebound from June's lows, ADA is now pressing against resistance near $0.97 - a critical zone that could determine its next move. A breakout here could pave the way for ADA's return toward the $1.00 mark.
ADA Price Action: Testing Key Resistance
The ADA/USDT chart reveals a recovery pattern after months of sideways movement, with traders like Crypto Tony monitoring closely. Since hitting bottom near $0.72 in June, ADA has built higher lows and is now testing the critical resistance band at $0.97.
Strong base support remains at $0.80–$0.82, where buyers have consistently stepped in. Currently trading around $0.905, ADA shows growing bullish momentum with the first barrier at $0.97, followed by $1.03. A decisive break higher could unlock a path toward $1.15. The recent string of weekly green candles highlights renewed buying strength after early summer weakness.
Building Momentum Behind ADA
Several factors are driving Cardano's renewed strength. The broader crypto market has recovered with Bitcoin holding key levels, creating a favorable environment for altcoins. Cardano continues expanding its DeFi and staking ecosystem, which supports investor confidence. Additionally, traders are rotating back into large-cap altcoins after extended consolidation, with ADA benefiting from this renewed interest.
What's Next for ADA?
If ADA breaks above $0.97, bullish targets extend to $1.03 and potentially $1.15 - levels not seen since earlier in 2025. Such a move would confirm a breakout from its consolidation structure and strengthen the broader bullish outlook. However, rejection at $0.97 could send ADA back into consolidation, with downside support expected near $0.85–$0.82. A failure below $0.80 would undermine bullish sentiment and reopen the risk of retesting lower levels.
Peter Smith
