{"id":78673,"date":"2025-07-07T05:30:17","date_gmt":"2025-07-07T05:30:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78673"},"modified":"2025-07-07T05:30:17","modified_gmt":"2025-07-07T05:30:17","slug":"cardano-ada-turns-upward-signs-of-a-recovery-emerge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78673","title":{"rendered":"Cardano (ADA) Turns Upward \u2014 Signs of a Recovery Emerge"},"content":{"rendered":"

Cardano price started a fresh increase from the $0.5650 zone. ADA is now consolidating and might attempt a clear move above the $0.5925 zone.<\/em><\/p>\n

ADA price started a fresh increase from the $0.5650 support zone.
\nThe price is trading above $0.5750 and the 100-hourly simple moving average.
\nThere was a break above a key bearish trend line with resistance at $0.5760 on the hourly chart of the ADA\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase it clears the $0.600 zone.<\/p>\n

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

In the past few sessions, Cardano saw a decent upward move from the $0.5650 zone, like Bitcoin<\/a> and Ethereum<\/a>. ADA was able to recover above the $0.5750 and $0.580 resistance levels.<\/p>\n

The bulls pushed the price above the 50% Fib retracement level of the downward move from the $0.6107 swing high to the $0.5630 low. Besides, there was a break above a key bearish trend line with resistance at $0.5760 on the hourly chart of the ADA\/USD pair.<\/p>\n

Cardano price is now trading above $0.5750 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.5925 zone. It is close to the 61.8% Fib retracement level of the downward move from the $0.6107 swing high to the $0.5630 low.<\/p>\n

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

The first resistance is near $0.60. The next key resistance might be $0.620. If there is a close above the $0.620 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.650 region. Any more gains might call for a move toward $0.6650 in the near term.<\/p>\n

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

If Cardano\u2019s price fails to climb above the $0.5920 resistance level, it could start another decline. Immediate support on the downside is near the $0.5850 level and the 100 hourly SMA.<\/p>\n

The next major support is near the $0.5650 level. A downside break below the $0.5650 level could open the doors for a test of $0.5450. The next major support is near the $0.5320 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 $0.5850 and $0.5650.<\/p>\n

Major Resistance Levels \u2013 $0.5920 and $0.6000.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano price started a fresh increase from the $0.5650 zone. ADA is now consolidating and might attempt a clear move above the $0.5925 zone. ADA price started a fresh increase from the $0.5650 support zone. The price is trading above $0.5750 and the 100-hourly simple moving average. There was a break above a key bearish […]<\/p>\n","protected":false},"author":0,"featured_media":78674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78673","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\/78673"}],"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=78673"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/78674"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}