{"id":3705,"date":"2025-03-26T06:00:22","date_gmt":"2025-03-26T06:00:22","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/cardano-ada-next-move-are-traders-eyeing-a-big-push-higher\/"},"modified":"2025-03-26T06:00:22","modified_gmt":"2025-03-26T06:00:22","slug":"cardano-ada-next-move-are-traders-eyeing-a-big-push-higher","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/cardano-ada-next-move-are-traders-eyeing-a-big-push-higher\/","title":{"rendered":"Cardano (ADA) Next Move\u2014Are Traders Eyeing a Big Push Higher?"},"content":{"rendered":"<p><em>Cardano price started a recovery wave above the $0.720 zone. ADA is correcting some gains and might find bids near the $0.7380 zone.<\/em><\/p>\n<ul>\n<li>ADA price started a recovery wave from the $0.690 zone.<\/li>\n<li>The price is trading above $0.720 and the 100-hourly simple moving average.<\/li>\n<li>There is a connecting bullish trend line forming with support at $0.7385 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 $0.7550 resistance zone.<\/li>\n<\/ul>\n<h2>Cardano Price Holds Support<\/h2>\n<p>In the past few days, Cardano saw a recovery wave from the $0.690 zone, like Bitcoin and Ethereum. ADA was able to climb above the $0.720 and $0.7320 resistance levels.<\/p>\n<p>It even cleared the $0.750 resistance zone. A high was formed at $0.7661 and the price is now consolidating gains. There was a minor move below the $0.750 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $0.6918 swing low to the $0.7661 high.<\/p>\n<p>Cardano price is now trading above $0.720 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $0.7385 on the hourly chart of the ADA\/USD pair.<\/p>\n<p>On the upside, the price might face resistance near the $0.750 zone. The first resistance is near $0.7550. The next key resistance might be $0.7620.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-718433\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/Cardano-ADA_70e7fd.png?resize=1024%2C449\" alt=\"Cardano Price\" width=\"1024\" height=\"449\" loading=\"lazy\" \/><\/p>\n<p>If there is a close above the $0.7620 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.80 region. Any more gains might call for a move toward $0.850 in the near term.<\/p>\n<h2>Another Drop in ADA?<\/h2>\n<p>If Cardano\u2019s price fails to climb above the $0.7550 resistance level, it could start another decline. Immediate support on the downside is near the $0.7380 level and the trend line.<\/p>\n<p>The next major support is near the $0.720 level or the 61.8% Fib retracement level of the upward move from the $0.6918 swing low to the $0.7661 high. A downside break below the $0.720 level could open the doors for a test of $0.690. The next major support is near the $0.6550 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 $0.7380 and $0.7200.<\/p>\n<p>Major Resistance Levels \u2013 $0.7550 and $0.7620.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price started a recovery wave above the $0.720 zone. ADA is correcting some gains and might find bids near the $0.7380 zone. ADA price started a recovery wave from the $0.690 zone. The price is trading above $0.720 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3706,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[323],"tags":[183,324,184,317,185],"class_list":["post-3705","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\/3705","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=3705"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3705\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3706"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}