Cardano Charts Just Did Something They’ve Never Done Before

Cardano has slipped about 1.54% in the past day, but signs are pointing toward a turn in its fortunes. Traders have spotted a rare weekly golden cross on the ADA/USD chart. That happens when a shorter moving average crosses above a longer one. It can signal that buyers are gaining the upper hand after months of sideways action. First Ever Weekly Golden Cross According to analyst Mr. Brownstone, Cardano just logged its first‑ever weekly golden cross, with the 50‑week moving average climbing above the 200‑week line. ADA is trading at $0.60, under both its 50‑day MA at $0.66 and its 200‑day MA at $0.64. That gap means bulls need more firepower to push price back above key levels. Still, the weekly signal has many calling a bullish move ahead. Anyone else notice that Cardano just had it’s first Weekly Golden Cross ever? pic.twitter.com/d7gvWQfN1Z — Mr Brownstone (@GunsRoses1987) July 9, 2025 Price Levels To Watch Based on examination from MasterAnanda, ADA will likely need to reclaim its 34‑period EMA and the 200‑day MA before a real uptrend can take hold. Many traders use those levels as checkpoints. If ADA closes above $0.64, it could draw new buyers in. On the flip side, a drop under $0.59 might trigger more selling pressure. Whales Return To Accumulate Analyst Ali Martinez has noted that large holders scooped up about 120 million ADA over the past two weeks. These addresses, each holding between 1 million and 10 million ADA, now control roughly 5.5 billion ADA—worth around $3.3 billion at current prices. When big wallets pile in, it often suggests confidence that prices will head higher. But it can also lead to quick flips if whales decide to take profits. Whales bought over 120 million Cardano $ADA in the last two weeks! pic.twitter.com/HOjvzB6fqd — Ali (@ali_charts) July 8, 2025 Cardano: Forecasts And Sentiment Several price targets have emerged in recent weeks. Some analysts expect ADA to climb to $1.33, while others think $10 is within reach this cycle. Price prediction by CoinCodex points to a 25% rise to $0.74 by August 8, 2025. Right now, technical indicators lean bearish, and the Fear & Greed Index sits at 59 (Neutral). Cardano has seen 14 out of the last 30 days end in green, with volatility around 7.54%, according to the price prediction site. Outlook And Next Steps Cardano’s weekly golden cross is a bullish sign, but price still needs to clear shorter‑term hurdles. Traders looking for confirmation may wait for ADA to close above $0.66 on the daily chart. Those already in position might set a stop‑loss below $0.59 to guard against a rejection. With whale activity back on the rise and long‑term targets ranging from $1.33 to $10, Cardano is once again on investors’ radar. However, broader market trends—especially moves in Bitcoin—will likely dictate whether ADA’s momentum can stick. Featured image from Meta, chart from TradingView

Could Cardano Double? Chart Patterns Say This

Cardano (ADA) has shown signs of life in the daily chart, but the big question for traders is whether this quiet consolidation near $0.58 can fuel a sustainable move back above $0.70. Let’s break down the chart structure, key indicators, and what Cardano price levels really matter in July 2025.Cardano Price Prediction: Is ADA Price Building a Base Around $0.58?ADA/USD Daily Chart- TradingViewThe daily Heikin Ashi chart shows ADA price currently trading near $0.579, moving sideways for the last several days. This tight range indicates a clear base-building phase.After a steep downtrend that started in mid-May, Cardano price found support near $0.50 — bouncing modestly but struggling to break above the $0.60 resistance zone. This range between $0.50 and $0.60 is crucial: if buyers keep defending $0.50, the odds of a short-term rally increase significantly.What Does RSI Tell Us About ADA Price Momentum?The Relative Strength Index (RSI) on the daily timeframe sits at 43.7, slightly below the neutral 50 mark. This tells us momentum remains bearish overall, but it’s no longer in oversold territory — suggesting the intense selling may have cooled off.In June, RSI dropped close to 30, hinting at a potential exhaustion of bears. Since then, the RSI has started to curve back up, showing early signs that buyers are regaining confidence. A sustained break above 50 on the RSI would strengthen the bullish reversal narrative.Can ADA Price Break Resistance?Looking at the chart, ADA price faces immediate resistance around $0.58–$0.60. If the bulls can push above this zone with volume, the next target lies at $0.70, which acted as support in April and early May before the breakdown.Let’s do a simple projection:

  • Current support: $0.50
  • Current resistance: $0.60
Breakout target = Resistance + (Resistance – Support)= $0.60 + ($0.60 – $0.50) = $0.70So, a clean breakout could see Cardano price retesting $0.70 quickly — but failing to hold $0.50 could drag it back down to $0.42 or even the psychological $0.30 level.Short-Term Cardano Price Prediction for July 2025Combining the base formation, RSI recovery, and historical support-resistance flips, ADA’s probability of an upward push looks moderate. As long as $0.50 holds firm, swing traders may eye a 20% move from current levels:$0.58 * 1.20 = $0.70However, if Cardano price closes below $0.50 on the daily, expect renewed selling that could retest deeper levels — potentially the $0.40–$0.30 demand zone, which aligns with historical accumulation pockets visible on the chart.Should Traders Be Bullish on Cardano Price Now?ADA price is showing early signs of a possible reversal but remains trapped under tough resistance. Traders should watch for a daily close above $0.60, combined with RSI climbing toward 50–55, to confirm that bulls have reclaimed momentum.Until then, this sideways action is more about accumulation than breakout. Keep stops tight under $0.50 to manage risk and watch how Bitcoin behaves — as broader market sentiment could make or break ADA’s next leg.A move to $0.70 is technically possible this month, but only if Cardano price flips $0.60 into support. Otherwise, caution is still warranted in this uncertain zone.Looking to Buy ADA? Try OKXOKX is a top choice to buy ADA. With low trading fees, extensive token listings, and an intuitive interface, it’s a preferred platform for many crypto traders across Europe.Special Promotion – Limited TimeUntil September 14, 2025, OKX is hosting an exclusive McLaren F1 Team giveaway:--> Receive a complimentary McLaren F1 Team cap <--Enter to win a VIP trackside experience in Zandvoort (Aug 29–31)This offer is open to all new European users who haven’t yet traded on OKX. Don’t wait – claim your reward today!$ADA, $Cardano, $ADAPrice, $CardanoPrice

Charles Hoskinson: From DARPA to Cardano, Gloves Full of Bullet Ants and More

In a wide-ranging conversation with former Navy SEAL and YouTuber Shawn Ryan, Cardano founder Charles Hoskinson laid out the philosophical roots of crypto, linking blockchain directly to the ideals of liberty, trust, and decentralized power. The interview also drew some controversy about whether Hoskinson is a liar as he talked about his days as a secret agent in DARPA and the time he jumped out of an Apache helicopter. As one Twitter user wrote: “You really need to listen to all five hours of it for those out of context antics to make sense and to really understand the human side of Charles. You know, not just the genius entrepreneur archetype you’re familiar with.” The Good: Charles Hoskinson Breaks Down the Importance of Crypto Drawing from his early involvement in the Ron Paul movement, Hoskinson connected the dots between Austrian economics, sound money, and the failures of fiat. “If you don’t have good money, you don’t have liberty… Bad money creates socialism. Good money gives you agency.” — Charles Hoskinson, Shawn Ryan Show Hoskinson likened blockchains to constitutions: immutable, transparent, and resistant to political coercion. For him, crypto was a natural progression. “In crypto, my use is identical to a poor farmer’s in Sagal,” Hoskinson opined. “In the fiat world, Bill Gates and I are treated very differently.” Hoskinson pushed back against the idea that tokens are just speculative chips in a global casino. In his view, they’re what power decentralized systems by keeping infrastructure open, resilient, and out of the hands of tech monopolies. The Insane From Charles… But Also Interesting In some of the crazier stories told in the interview, before launching Cardano, Charles Hoskinson collaborated with DARPA, jumped out of helicopters, and even participated in a ritual ceremony in Brazil involving gloves full of bullet ants. Additionally, he was part of a team that de-extincted the direwolf, helped retrieve extrasolar fragments from the Pacific, and funded bioluminescent plant research. According to Laura Shin, Charles Hoskinson claimed that he is a CIA asset and a DARPA contributor who fell in love with a female spy after falling from an Apache. You can't make this shit up LMAO pic.twitter.com/ZiKLOTHLmt — MORBID-19 (@JuhyukB) March 9, 2022 The ADA community breathes really hard and types fast on their keyboard when you psychoanalyze Charles Hoskinson. But, regardless, Hoskinson’s crypto knowledge shone through. He believes crypto’s biggest flaw has been its adversarial mindset. Bitcoin vs. Ethereum, crypto vs. banks. His alternative: build interoperable systems where success is mutual. “Cardano hasn’t gone down once in eight years. You can’t build real finance on unstable ground.” — Hoskinson Is Charles Hoskinson a Sociopath? Here’s an excerpt from the book Out of the Ether, about what the other Ethereum co-founders thought of Charles: (Amazon) As it states: “A pathological liar, sociopath, and someone who tried to convince the Ethereum team that he was actually Satoshi.” Well.. love him or hate him, Charles Hoskinson is crypto’s closest thing to a rock star. Unlike Vitalik, he’s turned Cardano into a brand with Bond-like flair. And while Cardano’s tech holds up, let’s be honest that it is Hoskinson’s charisma that is half the reason Cardano has Wall Street’s attention. EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

  • Navy SEAL and YouTuber Shawn Ryan, Cardano founder Charles Hoskinson laid out his core case for Cardano and crypto in general..
  • Love him or hate him, Charles Hoskinson is crypto’s closest thing to a rock star.
The post Charles Hoskinson: From DARPA to Cardano, Gloves Full of Bullet Ants and More appeared first on 99Bitcoins.

Cardano (ADA) Price Prediction 2025, 2026-2030

  • Bullish ADA price prediction for 2025 is $1.3564 to $3.0711.
  • Cardano (ADA) price might reach $5 soon.
  • Bearish ADA price prediction for 2025 is $0.2440.
In this Cardano (ADA) price prediction 2025, 2026-2030,  we will analyze the price patterns of ADA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTSINTRODUCTION
  • Cardano (ADA) Current Market Status
  • What is Cardano (ADA)?
  • Cardano (ADA) 24H Technicals
CARDANO (ADA) PRICE PREDICTION 2025
  • Cardano (ADA) Support and Resistance Levels
  • Cardano (ADA) Price Prediction 2025 — RVOL, MA, and RSI
  • Cardano (ADA) Price Prediction 2025 — ADX, RVI
  • Comparison of ADA with BTC, ETH
CARDANO (ADA) PRICE PREDICTION 2025, 2026-2030CONCLUSIONFAQ Cardano (ADA) Current Market Status Current Price $0.5700 24 – Hour Price Change 3.91% Down 24 – Hour Trading Volume $580.97M Market Cap $20.16B Circulating Supply 35.38B ADA All – Time High $3.10 (On Sep 02, 2021)   All – Time Low $0.01735 (On Oct 02, 2017)   ADA Current Market Status (Source: CoinMarketCap) What is Cardano (ADA) TICKERADABLOCKCHAINCardano blockchainCATEGORYPublic blockchain platformLAUNCHED ONSeptember 2017UTILITIESGovernance, Fast Transactions, gas fees & rewards Cardano (ADA) is the native token of the Cardano blockchain. This sustainable blockchain uses the Proof-of-Stake (PoS) consensus mechanism, Ouroborus. This “third-generation blockchain” initially existed as a layer-1 solution. Eventually, the layer-2 update, Hydra, was integrated into the existing network in late 2021. Cardano has been built as an upgraded version of Ethereum’s smart contract network. Moreover, it aims to scale the permissionless nature of the DeFi space and aid the mission of banking the unbanked. Cardano 24H Technicals (Source: TradingView) Cardano (ADA) Price Prediction 2025 Cardano (ADA) ranks 10th on CoinMarketCap in terms of its market capitalization. The overview of the Cardano price prediction for 2025 is explained below with a daily time frame. ADA/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Cardano (ADA) laid out a Horizontal Channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points.  The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. The exit often occurs at the fourth contact point on one of the horizontal channel’s lines. At the time of analysis, the price of Cardano (ADA) was recorded at $0.5700. If the pattern trend continues, then the price of ADA might reach the resistance levels of $1.2663 and $6.3188. If the trend reverses, then the price of ADA may fall to the support levels of $0.5393 and $0.2389. Cardano (ADA) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Cardano (ADA) in 2025. ADA/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Cardano (ADA) for 2025. Resistance Level 1$1.3564Resistance Level 2$3.0711Support Level 1$0.5186Support Level 2$0.2440ADA Resistance & Support Levels Cardano (ADA) Price Prediction 2025 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (ADA) are shown in the chart below. ADA/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Cardano (ADA) market in 2025. INDICATORPURPOSEREADINGINFERENCE50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.6739
Price = $0.5662
(50MA > Price)Bearish/DowntrendRelative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions38.5226
<30 = Oversold
50-70 = Neutral

>70 = OverboughtOversoldRelative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume Cardano (ADA) Price Prediction 2025 — ADX, RVI In the below chart, we analyze the strength and volatility of Cardano (ADA) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). ADA/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Cardano (ADA). INDICATORPURPOSEREADINGINFERENCEAverage Directional Index (ADX)Strength of the trend momentum32.8357Strong TrendRelative Volatility Index (RVI)Volatility over a specific period41.61
<50 = Low
>50 = HighLow volatility Comparison of ADA with BTC, ETH Let us now compare the price movements of Cardano (ADA) with those of Bitcoin (BTC) and Ethereum (ETH). BTC Vs ETH Vs ADA Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of ADA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ADA also increases or decreases, respectively. Cardano (ADA) Price Prediction 2026, 2027 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Cardano (ADA) between 2026, 2027, 2028, 2029, and 2030. Year Bullish Price Bearish PriceCardano (ADA) Price Prediction 2026$5.5$0.2Cardano (ADA) Price Prediction 2027$6$0.1Cardano (ADA) Price Prediction 2028$6.5$0.09Cardano (ADA) Price Prediction 2029$7$0.08Cardano (ADA) Price Prediction 2030$7.5$0.07 Conclusion If Cardano (ADA) establishes itself as a good investment in 2025, this year would be favorable to the cryptocurrency. In conclusion, the bullish Cardano (ADA) price prediction for 2025 is $3.0711. Comparatively, if unfavorable sentiment is triggered, the bearish Cardano (ADA) price prediction for 2025 is $0.2440.  If the market momentum and investors’ sentiment positively elevate, then Cardano (ADA) might hit $5. Furthermore, with future upgrades and advancements in the Cardano ecosystem, ADA might surpass its current all-time high (ATH) of $3.10 and mark its new ATH.  FAQ 1. What is Cardano (ADA)? Cardano (ADA) is Cardano’s native cryptocurrency. Cardano is a smart contract-based blockchain operating on the proof-of-stake (PoS) consensus that was launched in 2017. 2. Where can you purchase Cardano (ADA)? Cardano (ADA) has been listed on many crypto exchanges which include Binance, Coinbase Exchange, KuCoin, Bitfinex, and OKX. 3. Will Cardano (ADA) reach a new ATH soon? With the ongoing developments and upgrades within the Cardano Platform, ADA has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Cardano (ADA)? On Sep 02, 2021, Cardano (ADA) reached its new all-time high (ATH) of $3.10. 5. What is the lowest price of Cardano (ADA)? According to CoinMarketCap, ADA hit its all-time low (ATL) of $0.01735, On Oct 02, 2017. 6. Will Cardano (ADA) reach $5? If Cardano (ADA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon. 7. What will be Cardano (ADA) price by 2026? Cardano (ADA) price is expected to reach $5.5 by 2026. 8. What will be Cardano (ADA) price by 2027? Cardano (ADA) price is expected to reach $6 by 2027. 9. What will be Cardano (ADA) price by 2028? Cardano (ADA) price is expected to reach $6.5 by 2028. 10. What will be Cardano (ADA) price by 2029? Cardano (ADA) price is expected to reach $7 by 2029.  
Top Crypto Predictions    Pi (PI) Price Prediction  Dogecoin (DOGE) Price Prediction  EOS (EOS) Price Prediction Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Jeremy Wood Built Cardano Slow and Steady from the Start

  • Jeremy Wood co-founded IOHK and helped establish Cardano’s academic-first blockchain model after leaving Ethereum.
  • Though he stepped down in 2020, Cardano’s governance and design still reflect Jeremy Wood’s early vision.
In a crypto world often characterized by vocal outbursts and media attention, Jeremy Wood has chosen a quieter path. But it was on that path that he helped shape the foundation of one of the most ambitious blockchain projects in history: Cardano. Not many people know his face, let alone hear his voice at conferences or Twitter Spaces. But without his role, Cardano might never have been born. Jeremy Wood: From Osaka Classrooms to the Heart of Ethereum Jeremy Wood is not a genius programmer who has been hacking since he was a child. He is more like someone who slowly entered the crypto world through life experience. After graduating from Indiana University–Purdue, he moved to Osaka in 2008. There, he taught English and designed curriculum. Not a job that sounds “very crypto.” But in the middle of that routine, he began to learn about Bitcoin. Then everything changed. In 2013, he founded the Bitcoin Kansai community—one of the first places where blockchain thinkers met in Japan. His interest deepened until he came to Ethereum, where he served as operations manager. This is where fate brought him together with Charles Hoskinson. Both had a vision in common: they wanted to make blockchain a system that was not just hype, but had a strong scientific basis. However, the relationship with Ethereum did not last long. Jeremy and Charles left after they had differences of opinion—especially on how Ethereum would go forward. If the project chose to go the non-profit route, they believed that blockchain should be able to stand on a strong and transparent incentive system. The Man Behind Cardano’s Academic Backbone From that separation was founded Input Output Hong Kong (IOHK), now better known as IOG. This is where Jeremy Wood played a key role as Chief Strategy Officer. While Hoskinson was the frontman speaking on stage, Wood was the strategy brain behind the scenes. He formed research partnerships with universities such as Edinburgh and Tokyo Tech and championed academic standards in blockchain development. The approach taken was quite strange for some crypto players at the time. While many projects were racing to create short whitepapers and rush ICOs, Cardano wrote academic papers, waited for peer-review, and only then wrote the code. It took longer, but Wood believed this was the best way to build a resilient system. Some might ask, why bother? Jeremy’s answer is, if we are willing to spend years building an airplane or a bridge with a multi-layered testing process, why should blockchain be built like setting up a makeshift tent? Despite his enormous role, Jeremy Wood decided to step down as CSO in 2020. He never explained his reasons publicly. Some speculated that he wanted to live a quieter life, away from the increasing pressures of the industry. But what is clear is that to this day he remains an important token holder in the Cardano ecosystem, and the structures he helped build are still in use. Interestingly, his decision to step down was not the end of his involvement. Many aspects are a direct legacy of Jeremy’s way of thinking—especially in terms of governance and a fair tokenomic model. Cardano is now continuing to develop an on-chain governance system, and much of his approach stems from the initial ideas he formed at the beginning of the project. While many people are trying to be the “Elon Musk” of the crypto space, Jeremy Wood is proving that you don’t always have to be flashy to make a big difference. Sometimes, the best strategy is to work quietly, but with a clear direction.

Cardano whales are back! – Assessing how ADA can reach $0.91 next

ADA’s rally faces resistance as valuation concerns emerge despite strong buyer activity.

ADA Looks Primed for an 18,750x Increase Based on Historical Data with Cardano Eying an ETF

With Cardano (ADA) being a proof-of-stake (PoS) blockchain platform meant to trigger positive global change across visionaries, innovators, and changemakers, the 10th-largest cryptocurrency continues to attract notable attention. As a result, renowned market analyst Ali Martinez recently acknowledged that, based on historical data, Cardano was eyeing an 18,750x increase in price level from the current one of $0.59.  Martinez pointed out, “If historical data is any guide, Cardano could be at the very beginning of a monster parabolic rally.” Crypto analyst Nala echoed these sentiments and stipulated that history was repeating itself, and ADA was getting ready to explode soon. Will a Cardano ETF See the Light of Day? Since leading asset management firm Grayscale recently filed for a Cardano exchange-traded fund (ETF) with the New York Stock Exchange, fingers remain crossed on whether it will get the green light. This is because ETFs play an instrumental role in enhancing institutional investments, which is bullish for an asset’s overall adoption. Therefore, Grayscale’s decision to have a Cardano ETF in place illustrates ADA’s growing institutional interest. Furthermore, ADA’s open interest has been on an upward trajectory after hitting $850 million, representing an 18.9% increase, according to Coinglass data. Meanwhile, Cardano recently received a major boost through an innovative and strategic partnership with Walmart meant to roll out a crypto cashback program featuring ADA.

SEC Isn’t Letting Grayscale’s XRP, SOL, And ADA ETF Trade Just Yet Despite Approval Order — Here’s Why

Grayscale’s proposal to convert its Digital Large Cap Fund (GDLC) into a spot ETF made headway this week after the U.S. Securities and Exchange Commission (SEC) on Tuesday gave the sign-off on an accelerated basis for the listing and trading of the fund on NYSE Arca. However, investors will have to wait longer as its debut has been temporarily delayed. SEC Hits Pause On GDLC Conversion To ETF The SEC put a pause on converting the Grayscale Digital Large Cap Fund LLC a day after agency staff approved the fund to start trading.  “This letter is to notify you that, pursuant to Rule 431 of the Commission’s Rules of Practice, 17 CFR 201.431, the Commission will review the delegated action,” the letter, addressed to the New York Stock Exchange, stated. “In accordance with Rule 431(e), the July 1, 2025 order is stayed until the Commission orders otherwise.” It can be found here on the SEC website. We have a few theories as to why this happened.

1. The SEC doesn't want to let anything to launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper. pic.twitter.com/WegC5d2Tcj— James Seyffart (@JSeyff) July 2, 2025 Bitcoin comprises around 80% of the fund’s holdings. Roughly 11% of the ETF’s assets would be in Ethereum, while Solana accounts for approximately 2.8% of the fund, Ripple’s XRP commands over 4.8%, and Cardano (ADA) has a weighting of 0.8% in the fund. The SEC told NYSE that it would let it know “of any pertinent action taken by the Commission.” Bloomberg ETF analyst James Seyffart suggested the delay may be tied to the SEC’s ongoing efforts to create an internal framework for issuing crypto exchange-traded products. The SEC doesn’t want to let anything launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper,” Seyffart noted. Bloomberg’s senior ETF analyst Eric Balchunas concurred with this observation. The plot thickens. Upper level of SEC telling $GDLC it can't launch until otherwise notified. Not sure why, no other info than this letter. My guess tho: They want to issue the crypto ETP listing standards before any '33 act spot ETFs hit market with these other coins. So likely… https://t.co/Za7rYk1o0E— Eric Balchunas (@EricBalchunas) July 2, 2025 While the SEC greenlighted Bitcoin and Ethereum spot ETFs, it has yet to give the nod to other altcoin spot products, including those tracking the price of Solana, XRP, and Cardano. The Bloomberg analysts are confident the regulator will approve such crypto products by year-end, though.

Cardano Price Soars 7% as Trump Says He Negotiated Israel-Iran Truce

Cardano (ADA), one of the leading smart contract platforms, has been under intense selling pressure over the past few weeks, dragging its price close to the psychological support of $0.50. However, in a surprising twist, ADA bounced back sharply on June 24, 2025, posting a nearly 5% gain in a single day. This sudden spike has caught the attention of traders and long-term investors alike, raising the question: is Cardano finally bottoming out, or is this just a temporary relief rally? In this article, we dive deep into the daily chart patterns, key support and resistance levels, RSI momentum, and near-term price projections to assess whether ADA price is gearing up for a stronger recovery.Cardano Price Prediction: What’s Driving Cardano’s Latest Bounce?ADA/USD 1 Day Chart- TradingViewCardano’s recent price surge appears to be driven more by geopolitical headlines than by technical factors alone. A fragile sense of calm returned to global markets after U.S. President Donald Trump announced via Truth Social that he had brokered a ceasefire between Israel and Iran, effectively ending the 12-day conflict. This unexpected diplomatic breakthrough sparked a sharp rally across major cryptocurrencies, including Cardano price, as investor sentiment turned risk-on. ADA’s nearly 7% jump on June 24 reflects a broader relief rally across digital assets, as traders moved back into volatile markets amid hopes of de-escalation in the Middle East. While this bounce is fundamentally news-driven, it also aligns with ADA's technical rebound from key support levels, creating a short-term bullish setup. However, unless this geopolitical calm sustains and is supported by volume, the move could remain limited in scope.After a prolonged downtrend, Cardano (ADA) price has shown its first signs of life—bouncing nearly 7% to $0.58613 on June 24, 2025. The daily chart reveals a bullish Heikin Ashi candle with increasing body size, indicating growing buyer momentum. This recovery comes after ADA touched a critical support zone near $0.50, a level previously tested in March. But the question remains—is this a dead cat bounce or the beginning of a new rally?Are Technical Indicators Flashing Bullish?Relative Strength Index (RSI) on the daily chart is currently at 37.01, climbing from an oversold region (sub-30 zone) earlier this week. This uptick signals that bearish exhaustion may have occurred, and a potential bullish reversal is brewing. The RSI is also beginning to diverge upward from its moving average (yellow line), which adds to the reversal narrative.Heikin Ashi candles show a potential trend reversal with two consecutive green candles and no lower shadows—a classic short-term bullish signal.What Are the Key Support and Resistance Levels?Cardano price is now hovering just below the pivot resistance level at $0.59047, which is acting as immediate resistance. A confirmed breakout above this level could open the path toward the next Fibonacci retracement target at $0.63.Here's a quick breakdown of levels:

  • Immediate Resistance: $0.59047 (Pivot S1)
  • Next Target: $0.63 (Fibonacci 0.382 level)
  • Strong Resistance Zone: $0.70 (April breakdown point)
  • Support: $0.50 (Previous bounce zone)
  • Major Breakdown Support: $0.42
Calculation:
If ADA price breaks above $0.59047 and moves to $0.63, that’s
7.5% upside from current levels.Could This Be a Bull Trap or Breakout?While the RSI is recovering and candles are turning green, we must consider the larger context. ADA remains below the 50-day EMA (not shown here), which generally confirms that broader market sentiment is still bearish. A breakout above $0.63–$0.65 would flip the structure bullish on a higher time frame.Until then, we’re in rebound territory—but not a confirmed trend reversal.What’s the Cardano Price Prediction? Will ADA Keep Rising?The current 4.65% daily jump in ADA is significant—but it’s not enough to call this a full-blown trend reversal yet. The RSI recovery, Heikin Ashi flip, and bounce from strong support at $0.50 suggest a short-term rally to $0.63–$0.65 is possible if volume continues.However, unless ADA reclaims $0.70 and holds above it, the larger bear structure remains in play. Traders should watch for confirmation via volume and a decisive close above $0.60.
Cardano is showing early signs of strength, but it needs to break and sustain above $0.60 and $0.63 to escape the downtrend. If successful, the next stop could be $0.70+. If rejected, a retest of $0.50 or even $0.42 isn’t off the table.How to Buy Cardano (ADA) on Bitget?Getting started with Cardano (ADA) on Bitget is simple and straightforward. Just follow these easy steps:Create a Bitget Account
Sign up through this referral link to claim your welcome bonus:
https://partner.bitget.com/bg/cryptotickerVerify Your Identity (KYC)
Complete the Know Your Customer (KYC) process by submitting valid ID documents. This ensures account security and unlocks full platform features.Add Funds to Your Wallet
Deposit funds using a debit/credit card, bank transfer, or cryptocurrency. Bitget supports multiple convenient payment options.Go to the Trading Dashboard
Open the trading interface and search for the ADA/USDT pair. You can also type “Cardano” or “ADA” in the search bar.Buy Cardano (ADA)
Choose how much ADA you want to buy, confirm the details, and complete your purchase. Your ADA will be instantly credited to your Bitget wallet.$ADA, $Cardano, $ADAPrice, $CardanoPrice