Cardano Price Analysis: ADA Eyes $1.20 with Momentum Above Key Moving Average

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March 26, 2025 by Usman Zafar

Cardano (ADA) shows bullish momentum, with a 1.45% rise in 24 hours and 6% in the past week.
Trading above the 50-day moving average, ADA could rally if it holds this level.
Next resistance levels are $0.80 and $0.90, with potential for a move toward $1.20.
A sustained move above the 50-day MA could trigger further growth.

Cardano (ADA) is showing promising signs that bulls are regaining control, with momentum shifting in the crypto market. The overall market is currently in a bullish phase, fueled by Bitcoin’s recent surge and the general uptrend in market conditions. As these forces push the market higher, ADA is positioning itself for a significant surge and is on track to reach new price targets.

At the time of writing, Cardano is trading at $0.7455, with a 24-hour trading volume of $2.16 billion and a market capitalization of $26.26 billion. ADA has seen a solid 1.45% increase in price over the last 24 hours, indicating the early stages of a potential rally, while in the last 7 days ADA is up 6%.

Cardano (ADA) Poised for Major Rally with 50-Day MA Breakout

Notable crypto trader Sssebi has highlighted a key technical level for ADA. The coin is currently trading just above the 50-day moving average (MA) on the ADA/BTC chart. This level is crucial, as a successful daily close above it could signal the start of a powerful rally.

If ADA manages to hold above this support level, it could pave the way for a move towards higher price levels, with the next resistance target being around $0.80.

The optimism doesn’t stop there, if ADA successfully breaks through the $0.80 barrier, the next major hurdle would be the upper trendline, which sits around the $0.90 mark. Should ADA continue its bullish momentum and break through these levels, it could set its sights on reclaiming its all-time high (ATH), with targets potentially reaching over $1.20.

For ADA investors and market watchers, the upcoming days are crucial. A sustained move above the 50-day MA could trigger further bullish activity, pushing Cardano towards new price milestones.

The market is watching closely, and if these conditions hold, ADA could be poised for one of its most significant rallies yet, with the potential for exponential growth in the near future. Keep an eye on the 50-day MA, its importance cannot be overstated.

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