Foreign media analysis suggests that after several months of consolidation at low levels, the price structure of Cardano token ADA shows signs of improvement. The article states that ADA has rebounded from the $0.14 to $0.15 range and has once again crossed above the 200-day moving average, which is a key level of market attention, indicating that buying momentum has recovered to some extent. However, the $0.23 to $0.26 range remains the most critical resistance zone at present.
The daily chart is approaching the resistance zone.
From the daily trend, ADA has gradually raised its high and low points recently and is operating within an upward channel. The article believes that this indicates a strengthening of the short-term trend compared to before. At the same time, the Relative Strength Index RSI has also risen in tandem, reflecting an improvement in market momentum.
However, this range has not yet truly achieved a breakthrough. Reports mention that since June, ADA has been unable to effectively cross the $0.23 to $0.26 range. Therefore, to confirm a breakthrough this time, stronger trading volume is still needed. If the daily chart can close firmly above $0.26 and maintain that level after a pullback, the price may further rise to $0.30.
Weekly focus on $0.40
Looking at a longer period, the article suggests that ADA is attempting to break away from a previous larger downward trend. Unlike past rebounds that were followed by another decline, this round of movement seems more like the establishment of a new support base at lower levels, and the previously weak downward momentum is also weakening.
The report indicates that after overcoming local resistance around $0.25, the next more important hurdle for ADA is $0.40. The weekly chart of RSI also shows a clear rebound, echoing the improvement in daily momentum. If the weekly chart can continue to remain above $0.40 in the future, market expectations for higher targets will further strengthen.
$0.80 remains a long-term scenario.
For the longer-term trend, the article does not regard $0.80 as a confirmed target, but rather defines it as a long-term scenario that requires stronger market validation. In other words, the current trend is more about creating conditions for a larger-scale recovery, rather than having already confirmed a reversal in the trend.
The article suggests that if the current rebound continues, $0.30 can be considered as a more immediate observation range; however, $0.40 requires a clearer breakout and broader market support. Only if ADA can ultimately establish a more solid support above $0.26 will the overall bullish outlook become more convincing.
