{"id":85196,"date":"2025-07-31T06:08:55","date_gmt":"2025-07-31T06:08:55","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85196"},"modified":"2025-07-31T06:08:55","modified_gmt":"2025-07-31T06:08:55","slug":"cardano-ada-aims-higher-bullish-setup-hints-at-new-leg-up","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85196","title":{"rendered":"Cardano (ADA) Aims Higher \u2013 Bullish Setup Hints at New Leg Up"},"content":{"rendered":"

Cardano price started a fresh increase from the $0.7280 zone. ADA is now rising and might attempt a clear move above the $0.80 zone.<\/em><\/p>\n

ADA price started a fresh increase from the $0.7280 support zone.
\nThe price is trading below $0.80 and the 100-hourly simple moving average.
\nThere was a break above a key bullish trend line with resistance at $0.7710 on the hourly chart of the ADA\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase it clears the $0.80 zone.<\/p>\n

Cardano Price Eyes Steady Increase<\/h2>\n

After a sharp decline, Cardano found support near the $0.7280 zone, like Bitcoin<\/a> and Ethereum<\/a>. ADA formed a base above the $0.730 zone and started a decent increase.<\/p>\n

There was a clear move above the $0.7450 and $0.7650 resistance levels. There was a break above a key bullish trend line with resistance at $0.7710 on the hourly chart of the ADA\/USD pair. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $0.8557 swing high to the $0.7287 low.<\/p>\n

Cardano price is now trading below $0.80 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.7920 zone and the 50% Fib retracement level of the downward move from the $0.8557 swing high to the $0.7287 low.<\/p>\n

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

The first resistance is near $0.80. The next key resistance might be $0.8080. If there is a close above the $0.8080 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.880 region. Any more gains might call for a move toward $0.920 in the near term.<\/p>\n

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

If Cardano\u2019s price fails to climb above the $0.80 resistance level, it could start another decline. Immediate support on the downside is near the $0.770 level.<\/p>\n

The next major support is near the $0.7520 level. A downside break below the $0.7520 level could open the doors for a test of $0.7280. The next major support is near the $0.70 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 $0.7520 and $0.7280.<\/p>\n

Major Resistance Levels \u2013 $0.7920 and $0.8000.<\/p>","protected":false},"excerpt":{"rendered":"

Cardano price started a fresh increase from the $0.7280 zone. ADA is now rising and might attempt a clear move above the $0.80 zone. ADA price started a fresh increase from the $0.7280 support zone. The price is trading below $0.80 and the 100-hourly simple moving average. There was a break above a key bullish […]<\/p>\n","protected":false},"author":0,"featured_media":85197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85196","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\/85196"}],"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=85196"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85197"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}