{"id":2905,"date":"2025-02-12T06:00:25","date_gmt":"2025-02-12T06:00:25","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/cardano-ada-struggles-to-sustain-gains-is-the-uptrend-in-trouble\/"},"modified":"2025-02-12T06:00:25","modified_gmt":"2025-02-12T06:00:25","slug":"cardano-ada-struggles-to-sustain-gains-is-the-uptrend-in-trouble","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/cardano-ada-struggles-to-sustain-gains-is-the-uptrend-in-trouble\/","title":{"rendered":"Cardano (ADA) Struggles to Sustain Gains\u2014Is the Uptrend in Trouble?"},"content":{"rendered":"<p><em>Cardano price started a fresh rally above the $0.70 zone. ADA is now correcting gains and struggling to start another increase above $0.780.<\/em><\/p>\n<ul>\n<li>ADA price started a fresh rally above the $0.70 and $0.720 levels.<\/li>\n<li>The price is trading above $0.720 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $0.750 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another decline if it trades below the $0.7150 support zone.<\/li>\n<\/ul>\n<h2>Cardano Price Climbs Above $0.70<\/h2>\n<p>After forming a base above the $0.650 level, Cardano started a fresh rally beating Bitcoin and Ethereum. ADA was able to clear the $0.70 and $0.720 resistance levels.<\/p>\n<p>It even surged above the $0.80 level. A high was formed at $0.8204 and the price is now correcting gains. There was a move below the $0.80 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.6512 swing low to the $0.8204 high.<\/p>\n<p>However, the bulls are now active near the $0.7550 zone. There is also a key bullish trend line forming with support at $0.750 on the hourly chart of the ADA\/USD pair.<\/p>\n<p>Cardano price is now trading above $0.7550 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.780 zone. The first resistance is near $0.800. The next key resistance might be $0.820.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-694591\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/02\/Cardano-ADA_65acf6.png?resize=1024%2C478\" alt=\"Cardano Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>If there is a close above the $0.820 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.9150 region. Any more gains might call for a move toward $1.00 in the near term.<\/p>\n<h2>Another Decline in ADA?<\/h2>\n<p>If Cardano\u2019s price fails to climb above the $0.80 resistance level, it could start another decline. Immediate support on the downside is near the $0.750 level and the trend line.<\/p>\n<p>The next major support is near the $0.7150 level or the 61.8% Fib retracement level of the upward move from the $0.6512 swing low to the $0.8204 high. A downside break below the $0.7150 level could open the doors for a test of $0.650. The next major support is near the $0.6250 level where the bulls might emerge.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for ADA\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.7500 and $0.7150.<\/p>\n<p>Major Resistance Levels \u2013 $0.8000 and $0.8200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price started a fresh rally above the $0.70 zone. ADA is now correcting gains and struggling to start another increase above $0.780. ADA price started a fresh rally above the $0.70 and $0.720 levels. The price is trading above $0.720 and the 100-hourly simple moving average. There is a key bullish trend line forming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[323],"tags":[183,324,184,317,185],"class_list":["post-2905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-adabtc","tag-adausd","tag-adausdt","tag-cardano"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=2905"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2906"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}