The post Cardano Price Prediction: ADA Builds Bullish Momentum as Breakout Above $0.70 Nears appeared on BitcoinEthereumNews.com.

Cardano price is showing renewed strength, trading near key resistance with growing volume as participants watch for confirmation of a sustained bullish breakout. Cardano’s recent upswing has sparked fresh optimism across the market, with ADA Cardano price climbing nearly 5% in a single day and daily volumes surging past $1.1 billion. The move not only signals renewed trader confidence but also hints at a potential trend reversal. Cardano Price Showing Good Momentum Cardano continues to strengthen, with its current price at $0.69, up 4.8% over the last 24 hours. The daily volume has surpassed $1.12 billion, reflecting an uptick in market participation and growing investor confidence. ADA’s market cap now stands above $25 billion, placing it comfortably in the top 15 assets by size. Cardano price is trading around $0.69, up 4.80% in the last 24 hours. Source: Brave New Coin From a technical perspective, ADA’s intraday chart highlights a steady sequence of higher lows since mid-October, signaling sustained buying interest. The short-term resistance is near $0.71, while support has formed around $0.66 to $0.67. A confirmed breakout above the $0.71 zone could invite acceleration towards $0.78, aligning with Fibonacci expansion levels. Trendline Break Adds Strength to Cardano Price Structure Cardano price has officially confirmed a trend reversal after breaking above its multi-day descending trendline, forming a new local high. Sssebi’s analysis shows a clear inverse head-and-shoulders structure, with neckline confirmation near $0.66, validating the bullish shift. Cardano price confirms a bullish trendline breakout, signaling renewed momentum and potential continuation toward the $0.75 range. Source: Sssebi via X The RSI is trending above 60, showing solid momentum without yet breaching overbought territory, a healthy indicator for potential continuation. The next resistance sits around $0.71, while a controlled retest towards $0.66 to $0.67 would serve as a constructive pullback before another…

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Filed under: News - @ October 28, 2025 12:26 am