{"id":67900,"date":"2025-05-21T05:08:27","date_gmt":"2025-05-21T05:08:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67900"},"modified":"2025-05-21T05:08:27","modified_gmt":"2025-05-21T05:08:27","slug":"cardano-ada-in-focus-can-it-break-this-barrier-and-reclaim-momentum","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67900","title":{"rendered":"Cardano (ADA) In Focus: Can It Break This Barrier and Reclaim Momentum?"},"content":{"rendered":"

Cardano price started a fresh increase above the $0.7250 zone. ADA is now consolidating and facing hurdles near the $0.760 zone.<\/em><\/p>\n

ADA price started a decent increase above $0.7250 and $0.7320.
\nThe price is trading above $0.740 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $0.7580 on the hourly chart of the ADA\/USD pair (data source from Kraken).
\nThe pair could start another increase if it clears the $0.760 resistance zone.<\/p>\n

Cardano Price Eyes Upside Break<\/h2>\n

In the past few days, Cardano saw a fresh increase from the $0.710 level, but it underperformed Bitcoin<\/a> and Ethereum<\/a>. ADA was able to clear the $0.7250 and $0.7320 resistance levels.<\/p>\n

The price cleared the 50% Fib retracement level of the recent decline from the $0.7762 swing high to the $0.7110 low. However, the price is now approaching a couple of key hurdles on the upside, starting with $0.7580. There is also a key bearish trend line forming with resistance at $0.7580 on the hourly chart of the ADA\/USD pair.<\/p>\n

Cardano price is now trading above $0.740 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.7580 zone and the trend line.<\/p>\n

<\/a><\/p>\n

The first resistance is near $0.760 or the 76.4% Fib retracement level of the recent decline from the $0.7762 swing high to the $0.7110 low. The next key resistance might be $0.7720. If there is a close above the $0.7720 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.80 region. Any more gains might call for a move toward $0.8250 in the near term.<\/p>\n

Another Decline In ADA?<\/h2>\n

If Cardano\u2019s price fails to climb above the $0.760 resistance level, it could start another decline. Immediate support on the downside is near the $0.7420 level.<\/p>\n

The next major support is near the $0.7260 level. A downside break below the $0.7260 level could open the doors for a test of $0.710. The next major support is near the $0.680 level where the bulls might emerge.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level.<\/p>\n

Major Support Levels \u2013 $0.7420 and $0.7260.<\/p>\n

Major Resistance Levels \u2013 $0.7600 and $0.8000.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano price started a fresh increase above the $0.7250 zone. ADA is now consolidating and facing hurdles near the $0.760 zone. ADA price started a decent increase above $0.7250 and $0.7320. The price is trading above $0.740 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.7580 […]<\/p>\n","protected":false},"author":0,"featured_media":67901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67900","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\/67900"}],"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=67900"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67901"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}