{"id":4164,"date":"2025-04-19T05:00:31","date_gmt":"2025-04-19T05:00:31","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/cardano-price-surge-to-1-7-here-are-the-factors-to-drive-the-recovery\/"},"modified":"2025-04-19T05:00:31","modified_gmt":"2025-04-19T05:00:31","slug":"cardano-price-surge-to-1-7-here-are-the-factors-to-drive-the-recovery","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/cardano-price-surge-to-1-7-here-are-the-factors-to-drive-the-recovery\/","title":{"rendered":"Cardano Price Surge To $1.7: Here Are The Factors To Drive The Recovery"},"content":{"rendered":"

The Cardano price may be preparing for a ADA\u2019s momentum and help propel the cryptocurrency to this bullish target.\u00a0<\/p>\n

Institutional Interest To Fuel Cardano Price Recovery<\/h2>\n

According to a recent sluggish performance. This seemingly bullish turnaround has sparked predictions of a potential surge to $1.7.\u00a0<\/p>\n

According to the analyst\u2019s report, several factors have been fueling ADA\u2019s recovery. Despite its downtrend, large spot purchases have been observed, hinting atUS President Donald Trump, could spark further bullish sentiment for Cardano.\u00a0<\/p>\n

Although many of the present institutional buy-ins for Cardano have been followed by sell-offs, possibly from short-term traders, the sheer volume suggests that major players are closely watching the market. Part of this renewed institutional interest is attributed to the US Federal Reserve (FED) and broader macroeconomic signals.\u00a0<\/p>\n

\"Cardano\"<\/p>\n

Investors may be hoping for a shift in monetary policy or clear signs of easing inflation in the upcoming FOMC meeting<\/a>, as this could boost risk assets like ADA. Any alignment between the Cardano price action and the FED decision could become a significant catalyst for upside momentum.\u00a0<\/p>\n

In his Cardano price chart, the TradingView analyst highlighted a bullish long trade setup on the 4-hour timeframe, utilizing the Heikin-Ashi candles<\/a>. The trading strategy is supported by multiple take-profit levels, with the entry point marked near Cardano\u2019s current price range. A clear stop loss has also been placed just below the local support to manage downside risks.\u00a0<\/p>\n

The trade plan involves three key take-profit levels: $0.73, $0.96, and $1.21. These targets align with previous resistance zones, allowing traders to potentially lock in gains before ADA reaches its ultimate upside target of $1.74.<\/p>\n

ADA Breakout Unlikely Amid US Trade Tensions<\/h2>\n

The Cardano price is showing signs of strength, according to a market expert, \u2018AMCrypto\u2019, who notes<\/a> that it is holding firm at a critical ascending support trendline on the 4-hour chart. After a recent decline, ADA bounced off the trendline, maintaining the bullish structure of an Ascending Triangle<\/a>.<\/p>\n

Currently trading around $0.61, Cardano still faces resistance at $0.67. A confirmed close above this threshold could signal a breakout, potentially propelling its price toward the $0.73 – $0.75 range.\u00a0<\/p>\n

However, despite these bullish technicals, macroeconomic uncertainty remains a key obstacle to ADA\u2019s breakout potential. The ongoing US-China trade war tensions<\/a> continue to fuel market volatility, creating headwinds for a sustained rally. The current market decline and instability<\/a> fueled by this trade war have also kept many investors on the sidelines as they await stability.<\/p>\n

\"Cardano\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The Cardano price may be preparing for a ADA\u2019s momentum and help propel the cryptocurrency to this bullish target.\u00a0 Institutional Interest To Fuel Cardano Price Recovery According to a recent sluggish performance. This seemingly bullish turnaround has sparked predictions of a potential surge to $1.7.\u00a0 According to the analyst\u2019s report, several factors have been fueling…<\/p>\n","protected":false},"author":1,"featured_media":4165,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[314],"tags":[183,315,316,184,317,2108,185,318,319,462,1381,381,2196,2197,2198,2199],"class_list":["post-4164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-adausd","tag-adausdt","tag-amcrypto","tag-cardano","tag-cardano-news","tag-cardano-price","tag-donald-trump","tag-fed","tag-federal-reserve","tag-fomc-meeting","tag-heikin-ashi-candles","tag-risk_adj_return","tag-trade-war"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4164","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=4164"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4165"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}