Usman Salis
The $1 mark has become Cardano's most scrutinized price level. It's more than just a number—it represents both a psychological hurdle and proof that the bulls are back after a brutal bear market.
ADA Price Action: Testing the $1 Barrier
Crypto analyst Dan Gambardello summed up what many are thinking: "Dude, I just wanna see $ADA above $1 again. Been almost 4 years." Now, with ADA trading around $0.87 and showing consistent strength, that milestone might actually be within reach.
The long-term ADA/USDT chart tells an interesting story:
- $1 Resistance Zone: That yellow line at $1 has been a brick wall since mid-2021. Every rally has hit it and turned back, making it the level everyone's watching.
- Steady Recovery: From the depths near $0.25, ADA's been building higher lows—the kind of price action that suggests real buying, not just random bounces.
- Current Momentum: Recent green monthly candles show buying pressure is building. At $0.87, ADA's gotten closer to $1 than it's been in a while.
- Potential Breakout: If ADA can push through and actually close a month above $1, we could see a run toward $1.30 or even $1.50. That's not hype—it's what the chart structure suggests.
Why Reclaiming $1 Matters for Cardano
Getting back above $1 would mean something. It's not just about the chart—it's about what comes with it. Long-term holders who've been underwater for years would finally catch a break. The Cardano ecosystem has been quietly building out DeFi, NFTs, and staking during the bear market, and that development gives the price recovery some actual substance. In bull markets, once Bitcoin settles down, money tends to rotate into solid altcoins like ADA. Plus, round numbers get attention—retail traders notice when a coin breaks $1, and that attention can fuel more momentum.
Resistance sits at $1.00—that's the line in the sand. If ADA breaks through, the next stops are probably $1.30 and then $1.50. On the downside, if it gets rejected again, watch for support around $0.70 or $0.52.
After almost four years stuck below a dollar, Cardano's getting close to a real test. The chart shows steady pressure building and the structure looks better than it has in ages. The question isn't whether ADA will touch $1 again—it's whether it can actually hold above it this time. If it does, 2025 could be the year Cardano finally delivers on what bulls have been waiting for.
Usman Salis
