Will Cardano (ADA) Surge? Check out the latest prediction in April 2025!

Jakarta, Pintu News – Cardano ADA->Current ADA PriceRp 0Market Cap-Trading Volume-Circulating Supply- has recently shown a significant recovery, following in the footsteps of Bitcoin BTC->Current BTC PriceRp 0Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675 and Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply-. Having successfully crossed several key resistance levels, ADA is now in a consolidation phase. Is this a sign of an impending surge higher? Let’s take a closer look.

Cardano Price Recovery

In recent days, Cardano (ADA) managed to bounce back from the $0.690 zone, similar to Bitcoin (BTC) and Ethereum (ETH). ADA managed to break through resistance at $0.720 and $0.7320, even surpassing the $0.750 resistance zone. A new high was formed at $0.7661, and the price is currently consolidating.

There was a small drop below the $0.750 level, but Cardano is still holding above $0.720 and the 100-hour simple moving average. There is a bullish trend line forming with support at $0.7385 on the hourly chart of the ADA/USD pair. On the upside, Cardano may face resistance near the $0.750 zone.

The first resistance is at $0.7550, followed by the next key resistance at $0.7620. If the price manages to close above the $0.7620 resistance, ADA could start a strong rally towards the $0.80 zone and a potential further rise towards $0.850 in the near term.

Also Read: Why is Bitcoin (BTC) Following the 2024 Summer Trend? Check out the Next Prediction!

Potential Cardano Price Drop

If Cardano fails to break the $0.7550 resistance level, there is a possibility that the price will drop again. Immediate support is near the $0.7380 level and the trend line. The next major support is at $0.720 or the 61.8% Fibonacci retracement level of the upward move from $0.6918 to $0.7661. In the event of a break below the $0.720 level, the door will open to test $0.690. The next major support is at $0.6550, where buyers might reappear.

Technical Indicators

The hourly MACD for ADA/USD is losing momentum in the bullish zone. Meanwhile, the hourly Relative Strength Index (RSI) for ADA/USD is now below the 50 level, suggesting that there could be more selling pressure emerging. The key support levels are at $0.7380 and $0.7200, while the key resistance levels are $0.7550 and $0.7620. Traders and investors should monitor these indicators for further clues on the direction of Cardano’s price movement.

Conclusion

With strong support and clear resistance, Cardano (ADA) is at a critical juncture. Success in breaking resistance or failure in maintaining support could greatly affect the direction of the next price movement. Investors and traders should remain vigilant and be ready to take action based on changing market conditions.

Also Read: Lighter Tariff Hike Triggers Altcoin Surge: Solana, DOGE, and ADA Shine

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Cardano (ADA) Next Move Could Be To $0.780. Accessed on March 27, 2025
• Featured Image: Crypto Economy