Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA.<\/p>\n
The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels.<\/p>\n
By Shayan<\/a><\/p>\n ADA has been consolidating inside a triangle pattern, with the recent price rejection at the upper boundary halting the previous bullish momentum. This rejection led to a decline toward the $0.85 level, which aligns with the 100-day moving average. This price range holds significance as it serves as a major support zone.<\/p>\n Despite this setback, the expectation is for the asset to maintain its bullish consolidation toward the triangle\u2019s upper boundary at $1.2. A successful breakout above this level could signal a continuation of the upward trend, pushing ADA to reclaim the $1.2 mark. Conversely, if the market fails to maintain support at $0.85, a bearish breakdown could occur, potentially delaying a recovery.<\/a><\/p>\n On the 4-hour timeframe, Cardano successfully broke above a descending wedge pattern, only to face rejection at the $1.2 resistance level. This failure led to a consolidation phase within an expanding wedge pattern, with price fluctuations occurring above the 0.5-0.618 Fibonacci levels.<\/p>\n Currently, ADA is hovering near the lower boundary of this wedge, with a slight bullish rebound emerging. If the buying activity continues to grow, the price could surge back toward the critical $1.2 resistance.<\/p>\n Nevertheless, an ultimate breakout from the $0.85-$1.2 range will determine the next major move for Cardano. Given the strong support zone, a bullish breakout is expected, with the potential for the price to continue its upward trend.<\/a><\/p>\n The post Cardano Price Analysis: What\u2019s Next for ADA After 5% Daily Surge?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels. Technical Analysis By Shayan The Daily Chart ADA has been consolidating inside a triangle pattern, […]<\/p>\n","protected":false},"author":0,"featured_media":40293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40292"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/40293"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Daily Chart<\/h3>\n
The 4-Hour Chart<\/h3>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nOn the 4-hour timeframe, Cardano successfully broke above a descending wedge pattern, only to face rejection at the $1.2 resistance level. This failure led to a consolidation phase within an expanding wedge pattern, with price fluctuations occurring above the 0.5-0.618 Fibonacci levels.<\/p>\nCurrently, ADA is hovering near the lower boundary of this wedge, with a slight bullish rebound emerging. If the buying activity continues to grow, the price could surge back toward the critical $1.2 resistance.<\/p>\nNevertheless, an ultimate breakout from the $0.85-$1.2 range will determine the next major move for Cardano. Given the strong support zone, a bullish breakout is expected, with the potential for the price to continue its upward trend.<\/a><\/p>\nThe post Cardano Price Analysis: What\u2019s Next for ADA After 5% Daily Surge?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels. Technical Analysis By Shayan The Daily Chart ADA has been consolidating inside a triangle pattern, […]<\/p>\n","protected":false},"author":0,"featured_media":40293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40292"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/40293"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/ADA-D-3-scaled.jpg\"){kind=link}
![<\/a><\/p>\nThe post Cardano Price Analysis: What\u2019s Next for ADA After 5% Daily Surge?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels. Technical Analysis By Shayan The Daily Chart ADA has been consolidating inside a triangle pattern, […]<\/p>\n","protected":false},"author":0,"featured_media":40293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40292"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/40292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/40293"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/ADA-4H-3-scaled.jpg\"){kind=link}