Cardano price is holding firm above key support levels, with technical signals pointing to a possible breakout as participants eye the next major move.
Cardano Price Prediction is starting to take shape with a mix of technical shifts and market pressure setting the stage for potential upside. After reclaiming its descending trendline and flashing a golden cross on the daily chart, ADA is now pressing against zones that could trigger a wave of short liquidations.
Technical Shift: Cardano Price Eyes Higher Target Levels
Cardano price has reclaimed its major descending trendline, a technical shift that often signals a change in market sentiment. The breakout comes after several failed attempts, making this move more significant as it places ADA back on the front foot. Structurally, the chart shows ADA breaking free from a long consolidation phase, with the trendline now potentially flipping into support. This sets up a scenario where momentum could gradually build, as long as buyers defend this reclaimed zone.
Cardano price reclaims its major descending trendline, signaling a technical shift that could fuel momentum towards higher targets. Source: Gordon via X
From a Gordon’s perspective, the upside projection targets the 0.786 retracement level near $1.75, aligning with the chart’s measured move. This gives traders a clear roadmap, with the immediate task being to hold above the breakout zone. If Cardano maintains this level with healthy volume, it opens up room for a sustained recovery leg. The setup now leans toward constructive price action, with the trendline break marking an important shift in ADA’s technical outlook.
Golden Cross Signals Return of Bullish Momentum
Cardano price has just confirmed a golden cross on its daily chart shared by TapTools, with the 50-day moving average crossing above the 200-day moving average. This is a classic bullish indicator that often suggests the market is shifting out of a prolonged downtrend into a potential accumulation and recovery phase.
Cardano confirms a golden cross on the daily chart, reinforcing bullish momentum and signaling a potential recovery phase. Source: TapTools via X
Building on the earlier trendline breakout, this crossover reinforces the constructive outlook for ADA. It shows that buyers are regaining control, with the moving averages now pointing toward sustained momentum. If ADA continues to hold above the $0.82 to $0.85 zone while keeping the golden cross intact, the path remains favorable for a move towards higher targets.
Short Squeeze Risks Builds Above $0.97
Cardano’s latest liquidation map highlights how tightly positioned the market is, with over $90M in shorts vulnerable if price extends towards $0.97. At the current level of $0.876, sellers remain in control, but the cluster of liquidation points just above this range suggests that any sharp breakout could accelerate rapidly.
Cardano’s liquidation map shows over $90M in shorts at risk above $0.97, raising the odds of a sharp squeeze-driven breakout. Source: TapTools via X
The trendline breakout and golden cross showed signs of shifting momentum in favor of the bulls. A squeeze here would not only confirm that shift but also provide the liquidity needed to propel ADA towards its next targets. If buyers manage to absorb supply and force shorts to cover, it could act as the catalyst for a stronger upside continuation, strengthening the bullish structure already forming.
Sentiment Diverges but Structure Holds Firm
Av_Sebastian, note that only a handful remain bullish on Cardano price, the technical structure still suggests there’s room for optimism. ADA has defended the $0.85 to $0.87 support region after repeated tests, keeping its higher low formation intact. This kind of consolidation often signals accumulation, with sellers struggling to push price into deeper declines. Despite mixed sentiment, the technical resilience here stands out as a constructive base.
Cardano defends the $0.85–$0.87 support zone, with resilient structure suggesting accumulation despite mixed market sentiment. Source: Av_Sebastian via X
If price can continue building above this demand zone while eyeing the $0.97 liquidation trigger, it could flip negative sentiment into fuel for the next move higher. In that case, the bearish mood across social platforms may act as a contrarian indicator, with the technicals favoring the possibility of Cardano price regaining momentum.
Final Thoughts: Cardano Price Prediction
Cardano Price is leaning more constructive as technical signals stack up in favor of the bulls. The breakout above its descending trendline, coupled with the golden cross, points to improving momentum that could flip sentiment in the weeks ahead. Add in the possibility of a short squeeze above $0.97, and ADA has the ingredients for a stronger leg higher if buyers maintain control.
The ability to hold key support between $0.85 and $0.87 will likely determine whether this plays out successfully. If defended, it sets the stage for a push towards $1 and beyond. But if sentiment slips further, ADA may face renewed tests of its base. But if sentiment slips further, ADA may face renewed tests of its base. For now, the technical resilience suggests the bulls still have a path forward in this Cardano Price Prediction outlook.
