Cardano Eyes Breakout: Can a Push Past $1.13 Ignite the Next Crypto Surge?

Cardano’s price action hints at a bullish reversal—traders are watching the $1.13 level like hawks. Clear that threshold, and we might just see the kind of rally that makes Wall Street ’experts’ suddenly remember blockchain exists.

Key levels to watch: A sustained close above $1.13 could trigger algorithmic buying, while rejection here would confirm stubborn resistance. Either way, ADA’s volatility is about to give HODLers their daily dose of adrenaline.

Funny how these ’decisive moments’ always seem to happen just when the crypto markets need a headline. Coincidence? Probably not.

Key technical points

• $0.50 Support Flip: Prior resistance now holding as strong support
• Major Resistance Ahead: $1.13 level must break for bullish continuation
• Bullish Structure: Higher high formed with potential higher low developing

Over the past few weeks, cardano has respected the $0.50 level multiple times, a zone that previously acted as resistance but has now turned into strong support. This level has not only been successfully backtested but has also held firm on both daily and weekly timeframes, reinforcing the idea that buyers are stepping in with confidence.

Adding strength to this technical zone is a clear shift in market structure. ADA has recently printed a higher high, changing the outlook on the higher timeframes and opening the door for a potential higher low to FORM right at this $0.50 confluence zone. This pattern of higher highs and higher lows is a textbook indication of a bullish trend in development.

Volume has also shown a meaningful uptick during this phase, signaling that accumulation could be underway and that a potential bottom has been established. A rise in volume paired with structural support and bullish price action builds a strong foundation for continuation, but only if ADA can overcome the next key hurdle.

That hurdle lies at $1.13, a resistance level that caused a rejection during its last test. The fact that sellers stepped in there previously confirms it as a significant supply zone. A clean break and daily close above $1.13 could trigger a wave of buying pressure, bringing the psychological $2.00 mark into play as the next target.

What to expect in the coming price action

If ADA holds the $0.50 zone and breaks through $1.13 with strength, bullish momentum could rapidly accelerate. Keep an eye on volume surges and weekly closes, they’ll signal whether this rally is just beginning.