Cardano Bullish Trend: ADA Ready to Rise Up to 40%?

Jakarta, Pintu News – The price of Cardano (ADA) remained steady above $0.46 on Tuesday, having risen 8% in the past 240 hours, fueled by an overall market recovery.

This uptrend came about because ADA managed to break one of the major downtrend lines, which had been pressuring its price since early October. In the past seven days, ADA has gained almost 10%.

Technical analysis shows that with the existing momentum, Cardano’s price has the potential to rise between 30 to 40% in the near future. Meanwhile, the prices of Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Solana (SOL) have also surged ahead of the Federal Reserve’s decision on interest rate cuts scheduled for today.

This rise was also reinforced by the announcement of the listing of the Midnight project’s NIGHT token on Binance Alpha, which was announced on December 9. Eligible users have also received an airdrop of the token.

ADA’s breakout from a major downtrend line is a strong signal that the price is entering a reversal phase.

Cardano’s Trendline Break Triggers 30-40% Upside Prediction

A crypto analyst named Charts recently observed an important break in Cardano’s trend line on its four-hour chart. This break indicates the potential for a significant price spike, with a bullish move of 30 to 40% predicted in the near future.

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Based on this analysis, the price of ADA had previously continued to decline, but has now begun to break through important resistance levels.

With this breakthrough, market participants are showing increased confidence in ADA’s prospects in the near future. If this bullish trend continues, ADA has the potential to experience a significant surge and provide a new boost to the crypto market as a whole.

Cardano’s Funding Rate Direction Change Signals Bullish Momentum

Cardano’s funding rate was recorded as changing from negative to positive, which means that long positions are now paying for short positions. Based on historical trends, changes like this often trigger significant price spikes.

Data from Coinglass OI-Weighted Funding Rate shows that the number of traders predicting a fall in price is decreasing, while more and more are predicting a rise in the ADA value. This movement is a strong signal that a bullish trend for Cardano may be forming.

ADA price aims for $0.50 on the back of strong bullish signals

ADA price rose to $0.4701 with a gain of 8% in the latest trading session. Over the past few days, ADA’s trading volume has been slowly increasing, indicating an opportunity for further upward movement.

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On the 4-hour chart (10/12), it can be seen that ADA managed to break the important resistance level at $0.47, which is a positive signal for potential additional gains.

The next price target is at $0.50, which is likely to be the next big challenge for ADA. If ADA is able to cross this level, the next target is estimated at $0.55, although at this level new selling pressure could emerge.

The MACD indicator shows positive momentum, where the MACD line is above the signal line – a strong buy signal. The Chaikin Money Flow (CMF) is also painting an optimistic picture, with the current value at 0.13, signaling that ADA accumulation is on the rise.

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*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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Cardano Price Outlook: Expecting a 30-40% Bullish Wave Soon. Accessed on December 11, 2025