Cardano Price Forecast: Can ADA Reclaim $0.48 and Trigger a Strong $0.80 Rally?
Cardano's ADA is at a crossroads—one path leads back to $0.48, the other to a potential surge toward $0.80. The market's watching.
The $0.48 Hurdle: More Than Just a Number
Reclaiming that level isn't just technical—it's psychological. It signals renewed buyer conviction and could flip the script from defense to offense. Break it, and the bears lose a key defensive line.
The Road to $0.80: What Needs to Happen
A clean break above $0.48 opens the door, but sustained momentum needs more than charts. Network activity, developer buzz, and a general risk-on mood in crypto are the real fuel. Without them, it's just another dead-cat bounce—the kind that gets portfolio managers sweating into their silk ties.
The Bottom Line
Watch the $0.48 level like a hawk. If ADA plants its flag there, the rally to $0.80 isn't just possible—it's the next logical stop. Fail, and it's back to the drawing board. The next few candles decide the narrative.
ADA Must Reclaim $0.48 to Keep Momentum Alive
However, the crypto analyst, Ali, highlighted that Cardano (ADA) is showing renewed signs of strength as price movement builds towards the potential breakout point from the long-established ascending channel. This established trend is indicative of increasing purchaser interest and market bias. The critical level currently established for ADA is $0.48.
Source: X
If ADA manages to retain $0.48 as support, it could mark the beginning of a stronger bullish run and could draw renewed market confidence as well. On the flip side, if this target is not accomplished, it could RENDER the breakout attempt invalid, hence creating pressure on the downside as well. Moreover, analysts predict that in that scenario, a strong support zone re-emerges in the $0.24 region.
Cardano (ADA) Accumulation Signals Point to $0.80 Rally
Moreover, another crypto analyst, Butterfly, revealed that Cardano (ADA) seems to be testing a critical technical region, and price movements on the 2-day chart are trying to resist the lower edge of a descending channel. Historically, this area has served as a strong support level; thus, it becomes a critical region for determining the future movement price.
Source: Butterfly
The bulls are strongly supporting this level of support and displaying clear signs of accumulation at current prices. The rising buying interest shows that investors are confident of a reversal. Once the tide turns positive, ADA might break above the channel and spark a strong MOVE to a higher price target around $0.80.
Also Read: Cardano (ADA) Faces Brutal Test: 34% Surge by Jan 14?