The post Cardano Price Riding High: Is a Bull Rally Looming Beyond $0.50? appeared on BitcoinEthereumNews.com.

Cardano’s Recent Price Performance Over the past two weeks, Cardano has delivered a solid recovery after months of sideways trading. The breakout followed a classic Bollinger Band squeeze, where declining volatility preceded a sharp move upward. ADA managed to reclaim the 20-, 50-, and 100-day EMAs, signaling strong short-term momentum. The next big test lies at the 200-day EMA, a level that historically separates long-term bullish and bearish sentiment. At press time, Cardano was trading near $0.46, with intraday charts showing steady buying pressure. RSI and Momentum Indicators The Relative Strength Index (RSI) has climbed into bullish territory, around 68, reflecting strong demand but also suggesting that ADA is nearing overbought levels. Volume has also spiked, confirming the breakout and hinting at sustained institutional and retail participation. On-chain metrics indicate an increase in active addresses and transaction volumes, which are positive signs for network usage. Price Outlook: The $0.50 Question The $0.50 zone is now the critical resistance to watch. If ADA breaks above it with high volume, it could open the door to further gains toward $0.60–$0.65. Key levels: Support: $0.42 and $0.38 Resistance: $0.50 and $0.65 Failure to maintain momentum could lead to a retest of lower support zones, but overall sentiment remains tilted bullish. Broader Market Sentiment and Betting Parallels Cardano’s recent surge has sparked discussion about the sustainability of this bullish move. Fueled by improved market sentiment, a sharp increase in volume-driven buying has lifted ADA’s price. As Cardano’s rise hints at a potential bull rally, those interested in wagering can explore betting sites that operate without Swedish licensing restrictions, offering a wider range of betting opportunities compared to the regulated domestic market. It is a great opportunity to start making money online using your betting skills. Try platforms offering some of the finest games and…

---

Filed under: News - @ October 3, 2025 9:26 am