Cardano (ADA) Tests Critical Support: Is a Rally Toward $1.14 Possible?

ADA's price action is at a make-or-break moment. The digital asset is probing a crucial support level that could dictate its trajectory for the coming weeks. All eyes are on whether the bulls can muster enough strength to defend this line in the sand.

Decoding the Technical Battlefield

The charts are telling a story of consolidation and tension. A decisive hold above current levels could open the door for a significant move upward. Conversely, a breakdown would signal deeper corrections ahead. The market is holding its breath, waiting for a clear directional signal.

What a Rally to $1.14 Would Mean

Reaching that target isn't just about hitting a number—it's about reclaiming psychological territory and proving the underlying network's value proposition can translate into price momentum. It would require sustained buying pressure and a shift in broader market sentiment, something that often feels as predictable as a Wall Street analyst's year-end bonus.

The path forward hinges on a simple equation: can demand overwhelm supply at these key levels? The next few candles will provide the answer.

ADA Price Approaches Major Weekly Support Level

However, the crypto analyst, Crypto Pulse, emphasized that Cardano (ADA) is set to reach a critical phase, having breached the bearish flag pattern on the weekly chart, which nullifies the previous positive prediction of an upward trend. It is also testing an important support level of $0.269-$0.327, from where major buying rallies had previously taken place for conservative traders.

Source: Crypto Pulse

In spite of the bearish setup, momentum tools provide a ray of hope. The RSI for ADA is approaching the oversold zone, indicating a slowdown in the pressure from the downside. ADA might see a relief rally if the buying pressure sustains at the levels of support, and the rally could target levels of $0.450-$0.470. Failure to hold support, however, may open the door to a broader bearish trend across the market.

ADA Weekly Setup Suggests Potential Rally Toward $1.14

Moreover, another crypto analyst, ROSE Premium Signals, pointed out that ADA is range-bound in a zone of accumulation at the weekly chart level at $0.29-$0.37, a scenario typical of the pre-breakout phase in 2024. It can be presumed that there is an accumulation of smart money in this phase as the selling pressure lessens. Historically, such accumulation zones forecast bullish momentum.

Source: Rose Premium Signals

If ADA follows historical tendencies, supportive targets may arise. The initial significant resistance level is labeled at $0.7881, and $1.1418 may show a strong sign of reversing trends. This WOULD be confirmed if volume and weekly closing occur beyond the box. Market players must be attentive to market movements because frequent accumulation precedes strong bursts in the Cardano market cycle.

Also Read: Cardano 2025 Price Prediction: Can ADA Regain Momentum in the NEAR Term?