Is the Next Big Rally About to Begin?
The post Is the Next Big Rally About to Begin? appeared on BitcoinEthereumNews.com. Cardano (ADA) price has been moving with increased volatility, and the timing could not be more critical. With the SEC finally approving Grayscale’s Digital Large Cap Fund (GDLC) ETF, which includes Cardano alongside Bitcoin, Ethereum, Solana, and XRP, ADA has fresh institutional exposure. The charts show mixed signals: a strong mid-term uptrend facing resistance, while short-term candles suggest consolidation. Let’s break it down. Cardano Price Prediction: The Daily Price The Bigger Picture ADA/USD Daily Chart- TradingView The daily ADA/USD chart shows ADA price climbing steadily from its September lows, trading now around 0.91. Price action has been testing the middle of the Bollinger Band range, suggesting ADA is not in overbought territory. Importantly, ADA recently bounced off the 20-day moving average, a bullish sign that buyers are still defending the uptrend. Key resistance sits at 1.00, a psychological and Fibonacci level, while support remains around 0.86. A breakout above 1.00 could open the path toward 1.10 and even 1.25 if ETF-driven momentum continues. On the downside, losing 0.86 risks pulling Cardano price back toward the 0.78 zone. 4-Hour Chart: Momentum Cooling ADA/USD 4 Hour Chart- TradingView The 4-hour chart shows ADA price had a strong run-up but is now facing resistance at 0.95 and rolling over slightly. The Heikin Ashi candles show consecutive bearish closes, hinting at short-term profit-taking. The Bollinger midline is being tested, and holding above it will be key to avoiding a deeper correction. If Cardano price can reclaim 0.93–0.95, the next stop remains 1.00. If not, ADA could drift toward 0.87–0.88 in the near term, where the lower Bollinger Band sits as a cushion. 1-Hour Chart: Short-Term Consolidation ADA/USD 1 Hr Chart- TradingView On the 1-hour timeframe, ADA price is losing steam after hitting 0.95 earlier in the week. The candles show a series of lower…
The post Is the Next Big Rally About to Begin? appeared on BitcoinEthereumNews.com.
Cardano (ADA) price has been moving with increased volatility, and the timing could not be more critical. With the SEC finally approving Grayscale’s Digital Large Cap Fund (GDLC) ETF, which includes Cardano alongside Bitcoin, Ethereum, Solana, and XRP, ADA has fresh institutional exposure. The charts show mixed signals: a strong mid-term uptrend facing resistance, while short-term candles suggest consolidation. Let’s break it down. Cardano Price Prediction: The Daily Price The Bigger Picture ADA/USD Daily Chart- TradingView The daily ADA/USD chart shows ADA price climbing steadily from its September lows, trading now around 0.91. Price action has been testing the middle of the Bollinger Band range, suggesting ADA is not in overbought territory. Importantly, ADA recently bounced off the 20-day moving average, a bullish sign that buyers are still defending the uptrend. Key resistance sits at 1.00, a psychological and Fibonacci level, while support remains around 0.86. A breakout above 1.00 could open the path toward 1.10 and even 1.25 if ETF-driven momentum continues. On the downside, losing 0.86 risks pulling Cardano price back toward the 0.78 zone. 4-Hour Chart: Momentum Cooling ADA/USD 4 Hour Chart- TradingView The 4-hour chart shows ADA price had a strong run-up but is now facing resistance at 0.95 and rolling over slightly. The Heikin Ashi candles show consecutive bearish closes, hinting at short-term profit-taking. The Bollinger midline is being tested, and holding above it will be key to avoiding a deeper correction. If Cardano price can reclaim 0.93–0.95, the next stop remains 1.00. If not, ADA could drift toward 0.87–0.88 in the near term, where the lower Bollinger Band sits as a cushion. 1-Hour Chart: Short-Term Consolidation ADA/USD 1 Hr Chart- TradingView On the 1-hour timeframe, ADA price is losing steam after hitting 0.95 earlier in the week. The candles show a series of lower…
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