Cardano’s ADA is showing signs of life after a period of sluggish trading, climbing from recent lows toward the $0.80 mark.
While the move has sparked cautious optimism, market analysts warn that the recovery is still in its early stages and could face hurdles in the days ahead.
Recent price action shows ADA easing slightly after its latest push higher, a pullback many traders see as a natural pause following a rally. The real test now lies in whether buyers can defend critical price levels and keep momentum alive.
Support Levels to Watch
ADA’s immediate safety net sits at $0.784, with additional layers of support around $0.769 and $0.755. A drop below $0.755 could bring $0.74 into focus, while losing $0.71 would be a more decisive bearish shift, signaling that the recent upward trend may have run its course.
Near-Term Upside Goals
If the bulls can keep ADA above its support zones, short-term targets range between $0.852 and $0.87. Breaking into this band would strengthen the case for a more sustained rally and could help attract fresh buying interest.
Longer-Term Outlook
The much-discussed $2 milestone remains a distant goal, but analysts note that holding above current levels could lay the foundation for larger gains later in the year. Building a steady base now may be crucial for any attempt to reclaim higher price territory.
Market strategist Ali Martinez recently pointed out that Cardano’s price movements appear to be mirroring the structure of its previous bull cycle, albeit at a slower pace. In his view, this could mark the very early phase of a significant upward breakout — a scenario that, if it unfolds, might redefine ADA’s market trajectory in 2025.
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Source: https://coindoo.com/market/cardanos-next-move-key-levels-to-watch-as-ada-tests-support/