cardano

Cardano recovered from the $0.25 monthly floor, used the MA 100 as a rising support base through the May rally, and has now reached $0.2748, the exact zone where the March breakdown began and where a rejection already occurred on March 25.

Key Takeaways
ADA at $0.2748.MA 100 at $0.2652.RSI at 61.73, signal at 70.98.Primary target if structure holds: $0.36 - 31% above current priceSecondary macro target: $0.53 - 93% above current price
How the MA 100 Built the Rally and Where It Stands Now
From May 4, Cardano began climbing steadily from around $0.248, and through every pullback in the following days, the MA 100 at $0.2652 acted as the floor. Price would dip toward the blue line, find buyers, and reverse.

That pattern repeated across multiple sessions, building a structure of higher lows anchored to the MA 100. The MA 100 built the recent rally by absorbing every pullback as rising support: now price is above it for the first time in weeks, and whether it holds on the first test from above determines whether this is a trend or a bounce.
The RSI reading at the session high is the warning. ADA's RSI sits at 61.73 while its signal line reads 70.98, a spread of 9.25 points with the signal above the RSI. When the RSI signal crosses above the RSI on the 14-period close, it reflects momentum that has already peaked and is beginning to fade. Price reached a session high near $0.2780-$0.2800 and has since pulled back to $0.2748.
The pullback is modest in absolute terms but significant in timing: it is happening exactly at the level where price was previously rejected in March, with RSI already rolling over. A further pullback toward the MA 100 at $0.2652 in the coming sessions is the higher-probability near-term scenario.
The March Rejection Zone ADA Has Just Re-Entered
The medium-term picture runs from mid-March to today. In mid-March, ADA was trading near $0.2950-$0.2995 before a sharp decline began. That level marked the origin of a multi-week selloff that pushed price down through April. On March 25, ADA attempted to recover and reclaim the breakdown zone, reaching approximately $0.270-$0.275 before being rejected and continuing lower. The current price of $0.2748 is sitting inside that same rejection zone. The March 25 rejection happened at almost exactly current price, which means ADA is not approaching resistance: it is already at it, and the RSI is already signaling that momentum is fading at precisely that level.

Converting this zone from resistance to support requires a close above $0.275 on meaningful volume, something the current session has not yet produced. For ADA to clear this zone and begin the move Ali Charts is targeting, it needs to convert $0.275 from a rejection level into a confirmed support, which requires a sustained close above it on meaningful volume. That has not yet happened. The current session is showing a pullback from the zone's upper boundary without a confirmed breakout. The MA 100 at $0.2652 is the first line of defense on a pullback: holding it would keep the bullish structure intact. Losing it would indicate the recovery from $0.25 has stalled and that a deeper retest of lower support is required before the next attempt.
What the Monthly Analysis Adds to the Picture
Analyst Ali Martinez identified $0.25 as a critical monthly support level with a documented track record. In January 2023, ADA bounced from $0.25 and produced an 88.27% rally over the following weeks. In September 2023, the same level held and sparked a move that reached 243% from that base. Ali Charts noted that ADA is currently bouncing off this floor again, calling for a primary target of $0.36 and a secondary macro target of $0.53 as long as $0.25 holds.
https://twitter.com/alicharts/status/2052992210400940206
Ali Charts' $0.25 floor has done its job twice before with 88% and 243% returns. The question is not whether the floor worked: it already did. The question is whether the current level converts from rejection zone to launchpad. The short-term chart and the monthly analysis are not in conflict: they describe the same setup from different timeframes. The monthly floor provided the bounce. The short-term structure is now testing whether that bounce has enough momentum to clear the March rejection zone and begin the next leg toward $0.36.
The confirmation signal is ADA sustaining a close above $0.2780 on above-average volume within 48 hours, which would indicate the March rejection zone has been absorbed. The denial signal is a close below the MA 100 at $0.2652 within 24 hours, which would indicate the momentum fade has overwhelmed the recovery structure and that a retest of lower support is the next move before any approach toward $0.36.
#Cardano

#Cardano sembra ripetere un pattern di breakout familiare, riaccendendo la speculazione che potrebbe presto riconquistare il livello di $1.
Questo segue un periodo di rinnovata momentum dei prezzi negli ultimi sette giorni. Cardano (ADA) è aumentato di oltre il 5% durante questo periodo, alimentato da condizioni di mercato più ampie e positive. Ora, gli analisti scommettono che questo slancio continui verso prezzi molto più alti.
Punti Chiave
Un setup sul timeframe giornaliero mostra che ADA si sta avvicinando a un breakout da un lungo range di consolidamento.