HomePrice PredictionsADAADA Bulls Hold the Line: Can the Uptrend Extend Toward $0.81?

ADA Bulls Hold the Line: Can the Uptrend Extend Toward $0.81?

Date:

ADA Technical Analysis: 25 APR 2025

Alt Coin Beacon - ADAUSDT_2025-04-25_18-41-53

ADA is in an ascending channel formation. Source: TradingView

General View

Cardano has stood very strong over the last few sessions, after bulls regained lost momentum and are now driving prices higher within a well-defined ascending channel formation. Now with key supports intact, the structure favors a potential continuation higher, offering bulls a window to push towards the next resistance zones.

On The Upside

If ADA maintains its position above the $0.68–$0.70 support zone, the next targets lie near the $0.78 and $0.80 resistance levels. ADA’s short-term trendlines are going to create a challenging situation for the bulls around $0.80 to $0.805 levels. Meanwhile, the strength above would lead the upside much higher.

On The Downside 

For the session, ADA enjoys a strong intra-day support at the $0.7150 level. Below this, the next wave of support is positioned at $0.6880 levels. Meanwhile, with the current prevailing strength, price seems unlikely to drop any further, however, if sellers extend the profit-taking, price can dip to the trendline supports.

Alt Coin Beacon - ADAUSDT_2025-04-25_18-39-07

Price reclaims an all-important key support level. Source: TradingView

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Usman Ali
Usman Ali
A writer and market analyst with expertise in cryptocurrencies. He focuses on delivering clear, insightful, and well-structured content, emphasizing advanced trading strategies and in-depth market analysis. His writing style prioritizes clarity and professionalism, ensuring that complex market trends are easy to understand. He is keen on keeping his work organized, direct, and valuable for his audience.

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