Cardano's ADA jumped 18% over the past week and broke above $0.20 for the first time in over two months, even as most large-cap altcoins stayed flat. Analysts point to $0.2305 as the resistance that could open the way toward $0.30, while a rejection near $0.21-$0.22 could pull the token back to $0.18.
ADA climbed 18% over the past seven days and briefly broke above the $0.20 level for the first time in more than two months. The rally follows a stretch when the token was written off, after Cardano founder Charles Hoskinson said months earlier he was taking a break from the project.
The token had slumped to a multi-year low of $0.14 in June and has since climbed more than 40%, even as the rest of the crypto market stayed largely flat this week.
Market commentator Alex Marell said ADA is showing one of its strongest chart structures in months. He believes the recovery could extend toward the next major resistance zones if buyers defend the recent breakout.
Crypto Tony pointed to the $0.21-$0.22 zone, tested the previous evening, as an important hurdle for the token. He warned ADA could slide toward $0.18 on a major rejection there, writing on X: "I do expect us to come down to $0.18c to begin here."
ADA also broke above its 20-week moving average against BTC for the first time since October 2025, a signal that has historically preceded rallies of up to 200%.
Another analyst identified $0.2305 as perhaps the most important resistance ahead, arguing that a decisive break above it could send ADA toward $0.30.
Source: CryptoPotato
Trading involves risk.
Risk Disclaimer
