Cardano Bulls Charge: ADA Eyes $0.80 Breakout as Momentum Shifts

Cardano’s ADA surges as bullish traders flip the script—targeting $0.80 resistance with renewed conviction. Network upgrades and staking yields fuel the rally, while skeptics mutter about ’yet another crypto dead cat bounce.’

Technical indicators scream overbought, but since when did that stop a moon mission? Meanwhile, Bitcoin maximalists quietly recalculate their ’ADA is a ghost chain’ narratives.

Watch for a decisive close above $0.75 to confirm the breakout. Or don’t—your portfolio, your ulcer.

Source: X/Ali

Pressure rises as liquidation heat intensifies

Liquidation dynamics are also adding bullish weight to ADA’s outlook.

CoinGlass data showed over $880K in short liquidations across major exchanges in the last 24 hours, compared to just $25.53K in long-side liquidations.

Binance alone accounted for $421K of these short squeezes, highlighting heavy pressure on bearish traders. 

Furthermore, the heatmap revealed dense liquidation clusters between $0.74 and $0.75, indicating these levels could act as a magnet for price in the NEAR term if bullish momentum persists. 

Source: CoinGlass

Big money transactions taper off

On-chain metrics from IntoTheBlock revealed a significant decline in large transaction volumes.

Transactions above $1 million have dropped by 83.54%, and those above $10 million have plummeted 86.93% from peak levels. 

Despite ADA’s recent price jump, the absence of major whale activity suggested that this move was retail-driven. 

However, the re-entry of institutional capital could accelerate the uptrend if momentum sustains and ADA breaks key levels.

Source: IntoTheBlock

MVRV Ratio spikes, hinting at potential profit realization

Santiment’s MVRV Ratio shows ADA’s intraday profitability has jumped to +13.34%, reflecting increased unrealized profits among holders.

This metric suggested the market may be entering a decision zone—either leading to continued Optimism or triggering profit-taking. 

The ratio remains below the 25% risk threshold, which typically signals elevated sell pressure, leaving room for upside if current sentiment holds.

Source: Santiment

Further upside potential

ADA has reclaimed the 0.618 Fib level at $0.6921, and eyed the 0.786 Fib zone of $0.7186 at press time. At the time of writing, Cardano traded at $0.7226, posting a daily gain of 6.22%.

Beyond that, the next upside targets lay at $0.7523 and $0.8498, aligned with Fib 1.0 and 1.618 extensions.

The DMI indicator supported this bullish thesis, with the +DI line above both the -DI and ADX, signaling a strengthening trend. 

Price structure, momentum indicators, and liquidation pressure all pointed to a potentially explosive breakout if ADA holds above $0.72.

Source: TradingView

Conclusion

The combination of strong bullish sentiment, short squeezes, technical strength, and improving on-chain profitability provides a compelling case for continuation.

However, the lack of whale re-engagement introduces caution. 

If cardano breaks above $0.75 and liquidates clustered short positions, bulls could push ADA toward $0.80 and beyond in the short term.