{"id":3261,"date":"2025-03-03T06:00:24","date_gmt":"2025-03-03T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/cardano-ada-rockets-over-60-crushing-bears-in-a-stunning-rally\/"},"modified":"2025-03-03T06:00:24","modified_gmt":"2025-03-03T06:00:24","slug":"cardano-ada-rockets-over-60-crushing-bears-in-a-stunning-rally","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/cardano-ada-rockets-over-60-crushing-bears-in-a-stunning-rally\/","title":{"rendered":"Cardano (ADA) Rockets Over 60%, Crushing Bears in a Stunning Rally!"},"content":{"rendered":"<p><em>Cardano price started a surge above the $0.70 zone. ADA is up over 60% and now consolidates near the $1.050 support zone.<\/em><\/p>\n<ul>\n<li>ADA price started a fresh surge above the $0.70 and $0.90 levels.<\/li>\n<li>The price is trading above $1.00 and the 100-hourly simple moving average.<\/li>\n<li>There is a short-term contracting triangle forming with resistance at $1.1450 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it clears the $1.150 resistance zone.<\/li>\n<\/ul>\n<h2>Cardano Price Skyrockets<\/h2>\n<p>After a major decline, Cardano found support near the $0.580 zone. ADA formed a base and recently started a fresh surge after Trump\u2019s announcement of the crypto reserve. It rallied over 60%, outperforming Bitcoin and Ethereum.<\/p>\n<p>There was a move above the $0.70 and $0.90 levels. The bulls even pumped the price above the $1.0 resistance. A high was formed at $1.1577 and the price is now consolidating gains. There was a minor decline below the $1.10 level.<\/p>\n<p>The price tested the 23.6% Fib retracement level of the upward move from the $0.6446 swing low to the $1.1577 high. Cardano price is now trading above $1.00 and the 100-hourly simple moving average.<\/p>\n<p>On the upside, the price might face resistance near the $1.10 zone. The first resistance is near $1.1450. There is also a short-term contracting triangle forming with resistance at $1.1450 on the hourly chart of the ADA\/USD pair. The next key resistance might be $1.150.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-705507\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Cardano-ADA.png?resize=1024%2C478\" alt=\"Cardano Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/p>\n<p>If there is a close above the $1.150 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $1.220 region. Any more gains might call for a move toward $1.250 in the near term.<\/p>\n<h2>Another Decline in ADA?<\/h2>\n<p>If Cardano\u2019s price fails to climb above the $1.150 resistance level, it could start another decline. Immediate support on the downside is near the $1.040 level.<\/p>\n<p>The next major support is near the $1.00 level. A downside break below the $1.00 level could open the doors for a test of $0.90. The next major support is near the $0.80 level where the bulls might emerge.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.0400 and $1.000.<\/p>\n<p>Major Resistance Levels \u2013 $1.1000 and $1.1500.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price started a surge above the $0.70 zone. ADA is up over 60% and now consolidates near the $1.050 support zone. ADA price started a fresh surge above the $0.70 and $0.90 levels. The price is trading above $1.00 and the 100-hourly simple moving average. There is a short-term contracting triangle forming with resistance&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[323],"tags":[183,324,184,317,185],"class_list":["post-3261","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\/3261","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=3261"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3262"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}