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Cardano ADA Shows Strong Bullish Momentum as Key Resistance Levels Approach

Cardano ADA Shows Strong Bullish Momentum as Key Resistance Levels Approach

Author:
ADA News
Published:
2025-07-18 15:23:34
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[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

Cardano's ADA has recently demonstrated significant bullish activity, rebounding from the $0.720 support level and currently trading above $0.80. A key bullish trend line has formed at $0.8280 on the hourly ADA/USD chart, indicating potential for further upward movement. Market analysts highlight consolidation near the $0.8650 resistance level, suggesting that a decisive breach could propel ADA to new highs. This recovery aligns with broader positive trends in the cryptocurrency market, particularly seen in Bitcoin and Ethereum. As of July 18, 2025, ADA's technical indicators and market sentiment point to a promising rally, making it a cryptocurrency to watch closely in the coming weeks.

Cardano (ADA) Flashes Bullish Signal—Is the Rally Just Beginning?

Cardano's ADA has initiated a fresh upward trajectory, rebounding from the $0.720 support level. The cryptocurrency now trades above $0.80, bolstered by a key bullish trend line forming at $0.8280 on the hourly ADA/USD chart. Market observers note consolidation NEAR $0.8650, with potential for further gains if this resistance is decisively breached.

The recovery mirrors broader market trends seen in Bitcoin and Ethereum, with ADA successfully overcoming multiple resistance levels. Technical indicators suggest growing momentum, particularly as the price holds above the 100-hourly moving average. A close above $0.90 could trigger accelerated buying activity and propel ADA toward new highs.

Triple Golden-Cross Ignites ADA: Cardano Bulls Aim for $1 After 37% Surge

Cardano (ADA) is showing bullish momentum with a 37% surge, as traders eye the $1 mark despite current resistance at $0.86. On-chain metrics suggest this pause may precede another upward leg.

The Age Consumed metric reveals long-term holders are holding firm, with only 250 million ADA aged tokens moving recently—a stark contrast to June's 130 billion spike. This inactivity signals strong conviction among veteran investors.

ADA's 60-day MVRV ratio at 22.91% remains well below May's 131% danger zone that preceded a selloff. Historical patterns suggest room for growth, mirroring April's 35% rally when MVRV hovered at similar levels.

Cardano Bulls Eye $1.31 as ADA Breaks Key Resistance Levels

Cardano (ADA) surged past the $0.85 mark, marking a 7% gain in 24 hours and a 20% weekly increase. The breakout follows a prolonged downtrend, with buyers now targeting higher price zones. Earlier resistance at $0.74, which had capped multiple rallies this year, has been decisively breached.

Analysts are watching the $0.85 level for confirmation of further upside. A daily close above this threshold could pave the way for rallies toward $1.18 and $1.31, according to crypto analyst Ali Martinez. Open Interest in ADA futures hit a record $1.65 billion, reflecting growing trader confidence in the asset's momentum.

Marcus Corvinus notes ADA has exited a long-term descending channel, with $0.77-$0.82 now acting as a critical support zone. Holding above $0.82 could shift focus to the psychologically important $1 level, a threshold not seen since April 2025.

Cardano Integration with Blockchain.com Reaches 37 Million Users

Cardano's blockchain has achieved a significant milestone with its integration into Blockchain.com, now accessible to 37 million users globally. Charles Hoskinson, a key figure in the Cardano ecosystem, hailed the development as a breakthrough for the network. The partnership underscores Cardano's growing influence in the decentralized finance (DeFi) space.

The integration enables faster transactions and lower fees, enhancing user experience. Blockchain.com's announcement highlighted the technical advantages of Cardano, positioning it as a competitive option in the crowded blockchain landscape. Hoskinson credited the Midnight Foundation for facilitating the collaboration.

This MOVE signals broader institutional adoption of Cardano, reinforcing its credibility. The network's scalability and efficiency continue to attract major platforms, solidifying its role in the evolution of DeFi.

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