Cardano Price Prediction: ADA Bulls Eye Break Above $0.66 to Trigger Next Leg Towards $0.80

Cardano is showing early signs of a trend reversal, with rising volume, improving structure, and bullish on-chain signals.

After a quiet few weeks, Cardano is starting to show signs of life again. The price has been stuck near the $0.60 mark, but recent technicals and on-chain activity suggest a shift might be underway. From higher lows forming on the chart to a sudden spike in trading volume, ADA is flashing early signals that bulls are quietly stepping back in.

ADA Technical Outlook Shows Early Signs of Reversal

Cardano is currently trading around the $0.60 mark, a level that’s been acting as a short-term pivot in recent sessions. According to a new chart shared by analyst CRYART, ADA may be shaping up for a trend shift. The chart outlines a possible double-bottom structure forming near $0.58, with the neckline resistance just above $0.64. If bulls can push price through that level with volume, the next logical targets sit in the $ 0.68 to $0.70 range.

ADA forms a potential double-bottom near $0.58, hinting at a reversal. Source: CRYART via X

From a structure standpoint, ADA is printing higher lows. This price behavior, combined with relatively low volatility, creates a setup worth watching. While it’s still early and not confirmed, the technical conditions are improving. If momentum carries forward and ADA holds above support, there can be a constructive recovery ahead.

Cardano Sees Major Volume Spike

Cardano just saw a major jump in trading activity. According to Cardanians, ADA’s 24-hour trading volume surged 69% to $738 million, a clear sign that interest is ramping up as the token sits near a potential support.

ADA trading volume jumps 69% to $738M as interest builds near key support. Source: Cardanians via X

This kind of volume boost often signals the start of a momentum shift, especially when it aligns with improving chart structures and support holds. In the context of recent technicals, this move adds weight to the idea that ADA might be carving out a reversal. With the price currently hovering around $0.60 and forming higher lows, strong volume is what ADA Cardano needs.

ADA On-Chain Metrics Improving

While price and volume tell their part of the story, Cardano’s on-chain growth is sending its own signal. According to data from Santiment, shared by TapTools, Cardano now holds 4.49 million holders, that’s over 1 million more than USDC. This makes ADA one of the most widely held assets in all of crypto, putting it firmly in the top tier alongside major names.

Cardano reaches 4.49M holders, surpassing USDC and solidifying its position among top crypto assets. Source: TapTools via Santiment

This reflects the long-term conviction forming around Cardano’s fundamentals. Combined with rising trading volume and a price structure that’s holding higher lows, this growing holder base adds depth to the bullish case.

Cardano Technical Analysis

Cardano continues to trade inside a tightly defined range that’s compressing between horizontal support and a descending trendline. Analyst polaris_xbt points out the confluence forming as ADA Cardano price attempts to reclaim the range midpoint and the trendline from above to trigger a breakout. The chart highlights equal lows around the $0.57–$0.58 area that can be swept before the major move.

ADA nears critical breakout zone as it compresses between support and descending trendline. Source: polaris_xbt via X

ADA is approaching a pivotal zone. A clean move above the $0.64 to $0.66 range would unlock the upside toward the $0.75 to $0.82 band. ADA continues to carve a constructive base for now inside a triangle, with price likely to either directly take out the trendline or grab liquidity before reversal.

On-Chain Buy Pressure Turns Positive

New on-chain data is signaling a shift in momentum for ADA. According to Joao Wedson, Cardano’s Buy/Sell Pressure Delta is transitioning from the Sell Zone into the Buy Zone. This metric is now tracking more buyer activity across the network, which is signaling where the participants are starting to lean on ADA.

Cardano’s Buy/Sell Pressure Delta flips bullish. Source: Joao Wedson via X

This signal also stands out because it’s showing up on the ADA/BTC pair, suggesting ADA may start gaining ground against Bitcoin. Combined with improving technical structure, growing volume, and rising holder count, this shift in on-chain pressure adds one more data point to the idea that price might be setting up for a bullish Cardano Price Pridiction.

Final Thoughts

While ADA’s price is still holding the lower end of its range, the signs under the surface are shifting. From volume spikes to on-chain buy pressure flipping bullish, Cardano is quietly building momentum. The structure is showing discipline, forming higher lows. If buyers manage to flip that $0.64 to $0.66 zone with strength, the trend would see a more sustained upside for ADA Cardano price.