Cardano Price Prediction: ADA is poised to break through $0.8650, with a target aimed at $1.

Cardano (ADA) has started to rebound after bottoming out in the $0.72 area, and is currently consolidating below $0.8650. If it successfully breaks through, it is expected to initiate a strong pump, challenging $0.90 and even $1.00. This article analyzes the key support and resistance levels and predicts the subsequent trend based on technical indicators.

ADA Price Review: Breakthrough Key Resistance Level Recently, the price of Cardano has started a new round of rise from the 0.720 USD area, with its movement highly correlated with Bitcoin and Ethereum. Driven by the bulls, ADA successfully broke through the key resistance levels of 0.750 USD and 0.80 USD, and at one point reached the 0.8650 USD area. The current price is in a short-term consolidation phase, maintaining above 0.820 USD and above the 100-hour simple moving average.

From the hourly chart, ADA/USD has formed a key upward trend line, with the support level around $0.8280. If it can hold this support in the short term, it is expected to continue to challenge $0.8650, $0.880, and even test the psychological level of $0.90.

Short-term pump target: $0.98 to $1.00 If the bulls successfully push the price above $0.90, ADA may enter a rapid pump phase, with target areas including $0.98 and the $1.00 integer barrier. As market risk appetite recovers and Layer 1 public chain projects gain attention again, Cardano's technical indicators have a foundation for further strengthening.

Pullback Risk and Key Support Level If the price fails to break through $0.8650, a short-term pullback may occur. The current first support level is near the $0.8280 trend line; if it breaks below, it may test the $0.80 support. Once it loses this level, the price may retreat to $0.7880, which is the 50% Fibonacci retracement level of this round of pump, with further support at $0.750.

Overall, the downside space is relatively limited, as long as it remains above $0.80, the overall structure still leans bullish.

technical indicator analysis

• MACD technical indicator (Hourly): In the bullish zone, momentum is strengthening.
• RSI indicator (hourly chart): Above 50, indicating a bullish market sentiment
• Key support levels: 0.8280 USD, 0.8000 USD
• Key resistance levels: $0.8650, $0.9000

Conclusion Cardano's price is on the eve of a key breakthrough. If it can stabilize above $0.8650, it is expected to trigger a new round of pump, potentially challenging $0.90 and even $1.00 in the short term. As market risk appetite recovers and mainstream public chains return to investors' attention, ADA is likely to become a focal point for funding in the next phase. Crypto users should pay close attention to the battle for support between $0.80 and $0.8650.