Very slow week for the ADA price as it barely moved, now trading in the $0.65 to $0.66 range. That being said, Cardano’s community is usually bullish and one trader, Crypto Winkle, shared an interesting ADA chart yesterday that caught some attention.
In his post, Crypto Winkle pointed out that Cardano is holding firm above the $0.63–$0.67 support zone and is now pushing up against a major downtrend resistance. According to him, if the ADA price can break above $0.70 with good volume and retest that level successfully, it could open the door to a rally toward $1.60 or more. He even referenced a past setup where ADA tripled in value within a few weeks under similar conditions.
The chart supports that idea. There’s a clear rising support line forming, connecting ADA’s recent lows. This means buyers are stepping in earlier during each pullback, creating a staircase-style climb. That type of structure often leads to breakouts when combined with strong resistance tests like the one around $0.70.
If ADA clears that $0.70 barrier, the next levels to watch are $1.00 and $1.33. These are former support and resistance zones from 2021 and 2022. Above that, the area around $1.60 has been a strong ceiling in the past, and that’s the next major hurdle before any talk of $2.00 or higher. The $5 price target shown in the chart is clearly a long-term projection, but the path outlined makes logical sense for a breakout-driven rally in a full bull market.
Zooming out, ADA’s macro structure looks like it’s building a multi-month base. It’s bouncing from higher lows and has been showing some resilience compared to many other altcoins. While tokens like PEPE or FLOKI are more volatile and driven by meme hype, Cardano tends to move slower but often more sustainably once momentum picks up.
On the fundamentals side, Crypto Winkle also reminded followers that Cardano continues to build. The network is known for zero downtime, peer-reviewed upgrades, and a long-term roadmap focused on scalability and regulatory compliance. Projects like Mithril and Hydra are still in development, and Cardano’s steady approach has gained respect among long-term investors even if it frustrates short-term traders.
Market sentiment has been mixed. Some traders still argue that ADA is lagging behind top performers in this cycle. But others see this kind of consolidation as healthy and necessary before a major move. It’s not unusual for ADA to stay quiet, only to break out hard when momentum returns across the board.
Right now, all eyes are on that $0.70 level. A breakout there with solid volume and a successful retest could change the entire short-term trend for ADA. If that happens, the chart suggests a move toward $1.60 isn’t far-fetched – and in the right conditions, even the $5 long-term target might come back into play.
It’s still early to say whether a breakout is truly coming, but the setup is clear. ADA is holding above rising support and squeezing into a key zone. For now, it’s a waiting game – but as Cardano holders know well, ADA tends to move when the rest of the market least expects it.
Read also: Cardano (ADA) to $7? Analyst Reveals the Math and Timeline Behind Bold Prediction
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