
As markets progress, the bulls and the bears are either exhausted or remaining largely passive. Most altcoins, such as Ethereum, XRP, and BNB, have been displaying strength. On the other hand, altcoins like Cardano have repeatedly failed to reach and secure above the immediate resistance. This may raise some concerns, but in the broader perspective, the ADA price is maintaining an accumulated ascending trend, aiming to rise above $0.5 in the short term.
Cardano price has been moving against the traders’ interest and, as a result, has remained largely silent since the 2021 breakout. After the November crash dragged the levels below the multi-year support levels, here are the top reasons why you should be bullish on the ADA price rally.
Cardano (ADA) continues to trade quietly below the spotlight as the broader crypto market searches for direction, yet its price structure suggests a critical phase may be unfolding. After peaking earlier in the cycle, ADA has settled into a prolonged consolidation, raising questions about whether the market is losing interest or preparing for a delayed response. With the price holding above long-term trend support, traders are now watching closely to see if Cardano can reclaim lost ground and transition from underperformance into a recovery phase.
The weekly chart shows ADA holding above its rising long-term trend line while consolidating below the $0.50 resistance. Although price remains subdued, on-chain volume behavior offers a supportive signal. The CMF staying slightly positive suggests capital inflows are still present despite weak price action, while OBV remains relatively stable, indicating the absence of aggressive distribution. This divergence points to underlying accumulation rather than panic selling. If ADA reclaims $0.50, a move toward $0.75 and later $1 becomes possible; failure below $0.38 risks a drop toward $0.30.
Cardano’s price action reflects patience rather than weakness, as long-term support continues to hold despite extended consolidation. The presence of steady capital flow and stable volume suggests that downside risk remains limited unless key support levels fail. A confirmed break above $0.50 would be a strong signal of renewed demand, potentially shifting momentum in favor of a broader recovery. Until that happens, ADA is likely to trade sideways, with its next major move hinging on whether buyers step in decisively or the market loses confidence below critical support.
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