The ADA price is once again gaining attention as Cardano shows signs of entering a fresh bullish phase. Following a short-term pullback from recent highs, the token is now hovering near $0.79 with renewed buying interest. As the broader altcoin market begins to rebound, traders and analysts are turning their eyes toward ADA’s price chart, which shows a classic bullish setup that could signal an explosive move in the days ahead.
After a volatile Q2, Cardano’s recovery has been steady, with a 40% rally since the start of July. This recent momentum is catching the attention of both retail and institutional investors, especially as trading volume and on-chain activity remain elevated. So, is Cardano positioning itself as the next big gainer of this cycle?
ADA Price Holds Above Key Support
One of the most promising signs for ADA price is its ability to hold above the psychological $0.75 level, which has flipped from resistance to support. This flip often marks the early stages of a sustained uptrend, especially when paired with rising volume and positive RSI divergence.
Source: Trading View
The daily candle shows a 3% gain today, with ADA currently trading around $0.786. The price previously touched a low of $0.762, finding support near the 20-day EMA before bouncing back. Bulls will be eyeing the $0.80-$0.82 zone as the next breakout area. If ADA clears that level, momentum could accelerate quickly, potentially targeting the $0.90 range next.
Cardano Technical Indicators Point to Strength
Several technical signals support the bullish outlook for ADA price:
- Volume Confirmation: Daily volume remains strong, averaging over 9M ADA traded on Coinbase alone, suggesting strong market participation.
- MACD Crossover: A fresh bullish crossover on the MACD indicator may confirm the continuation of upward momentum.
- RSI Still in Mid-Range: At around 61, the RSI is not yet overbought, leaving plenty of room for further upside before major correction signals emerge.
These indicators, combined with the token’s recent ability to reclaim its uptrend channel, create the perfect conditions for a potential breakout.
Cardano’s Ecosystem Growth Adds to Bullish Narrative
Beyond price charts, Cardano’s underlying fundamentals continue to evolve. The network has seen increased DeFi activity, with Total Value Locked (TVL) rising steadily over the past 30 days. In addition, several upcoming upgrades to scalability and smart contract capabilities are scheduled for Q3 2025, which could further boost investor confidence.
This growth in utility and adoption supports a stronger long-term thesis for ADA, separating it from other speculative altcoins that lack real use cases.
Can ADA Outperform Other Altcoins in This Rally?
With Ethereum and Solana dominating headlines recently, ADA has been flying slightly under the radar. However, that might be about to change. If current chart patterns play out, ADA price could move rapidly back toward its yearly highs, potentially outperforming other large-cap altcoins in the short term.
That said, the $0.82 resistance zone remains a critical level to watch. A clean breakout above it, on strong volume, would likely signal the next phase of ADA’s bullish cycle.
Final Thoughts: Is ADA Price Ready for a Breakout?
The ADA price chart shows several bullish signals suggesting Cardano may be poised for its next leg higher. From volume and RSI to macro fundamentals, the setup looks increasingly favorable for buyers. But as always, the $0.82–$0.85 range will be a crucial test.
If momentum carries ADA past that resistance, a fast move toward $0.90 or higher is on the table, making Cardano one of the most exciting altcoins to watch this week.
