{"id":88335,"date":"2025-08-14T07:35:45","date_gmt":"2025-08-14T07:35:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88335"},"modified":"2025-08-14T07:35:45","modified_gmt":"2025-08-14T07:35:45","slug":"cardano-ada-breaks-trendline-with-20-daily-surge-1-54-target-now-in-play","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88335","title":{"rendered":"Cardano (ADA) Breaks Trendline With 20% Daily Surge, $1.54 Target Now in Play"},"content":{"rendered":"

TL;DR<\/p>\n

Cardano gains 20% after trendline break, with targets set at $1.13, $1.31, and $1.54.<\/span>
\nActive addresses reach 42,309 as trading volume jumps to 2.21 billion ADA during the rally.<\/span>
\n$5.8M in short liquidations push ADA higher after the price crosses the $1.00 level.<\/span><\/p>\n

Cardano Surge Clears Key Trendline<\/h2>\n

Cardano (ADA) has moved above a descending trendline that had held since late 2024. This move came with a weekly gain of over 22% at one point, which helped ADA surge to just over $1. The trendline break appears on strong volume, showing firm activity around this level.<\/span><\/p>\n

Meanwhile, the breakout marks <\/span>ADA\u2019s<\/span><\/a> best weekly performance in several months. The price now sits above former resistance, and traders are watching to see if it can stay there. A close above this level over the coming days may support a further move up the chart.<\/span><\/p>\n

CryptoPulse shared price levels that may serve as possible targets if the breakout continues. These are $1.13, $1.31, and $1.54. Each of these lines up with zones that acted as support or resistance in past trading periods. ADA is also near the 0.618 Fibonacci level at $0.92, which may slow price movement in the short term.<\/span><\/p>\n

Cardano Weekly Outlook$ADA<\/a> has broken above its descending trendline and is showing strong momentum this week (+22%). If buyers can hold this breakout, the path toward higher targets looks promising.<\/p>\n

Targets:
\nTP1: $1.13
\nTP2: $1.31
\nTP3: $1.54<\/p>\n

Invalidation: Drop back\u2026 pic.twitter.com\/HB9XsJcgKP<\/a><\/p>\n

\u2014 CryptoPulse (@CryptoPulse_CRU) August 14, 2025<\/a><\/p>\n\n

If buyers push through $0.92, the chart <\/span>shows<\/span><\/a> possible next steps toward $1.07, $1.28, and $1.63. On the downside, traders are watching $0.80. A move below this level may indicate that the breakout has failed, and the price could drop back toward the $0.55 to $0.60 zone, which served as support earlier in the year.<\/span><\/p>\n

Network Use and Volume Rising<\/h2>\n

Recent network data from Santiment shows a sharp rise in usage. Daily active addresses reached 42,309, and 24-hour trading volume climbed to 2.21 billion ADA. Both figures show growing interest in the network and in ADA\u2019s price move.<\/span><\/p>\n

<\/a>Source: Santiment<\/a><\/p>\n

At the same time, development activity has dropped to 25.76, the lowest since early July. While users and traders are more active, work on the codebase has slowed during this period.<\/span><\/p>\n

Shorts Liquidated as Price Surges<\/h2>\n

According to Coinglass, ADA liquidations totaled $5.79 million on August 14. Most of this came from short positions, with $4.83 million in losses. Longs saw around $956,000 cleared. The sharp move above $1.00 forced many traders out of their bearish bets, adding fuel to the rally.<\/span><\/p>\n

<\/a>Source: Coinglass<\/p>\n

Meanwhile, Grayscale has created a Delaware-based trust for ADA. This has led to new discussion around a possible spot ETF tied to the asset, which some traders see as a sign of growing interest from institutions.<\/span><\/p>\n

The post Cardano (ADA) Breaks Trendline With 20% Daily Surge, $1.54 Target Now in Play<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Cardano gains 20% after trendline break, with targets set at $1.13, $1.31, and $1.54. Active addresses reach 42,309 as trading volume jumps to 2.21 billion ADA during the rally. $5.8M in short liquidations push ADA higher after the price crosses the $1.00 level. Cardano Surge Clears Key Trendline Cardano (ADA) has moved above a […]<\/p>\n","protected":false},"author":0,"featured_media":88336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88335","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\/88335"}],"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=88335"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/88336"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}