The post Cardano (ADA) Price Eyes $4 as Bull Flag and Cup Handle Pattern Align appeared on BitcoinEthereumNews.com.

TLDR: Cardano forms Cup and Handle pattern under resistance around $0.95. EMA 50, 100, and 200 align as strong support near $0.70–$0.75. Fibonacci levels project targets up to $4.00 if breakout holds. ADA up 20% weekly but still trading below major psychological levels. Cardano is holding the line. While many tokens push off mid-level bounces, ADA still grinds at historical lows.  The price sits under major resistance, yet the chart tells a different story. Traders tracking the structure say ADA is ready to break out. Technicals now show a pattern few coins can match in clarity. Cardano Bullish Pattern Forms Beneath Key Level Analyst Alex Clay posted a detailed look at ADA’s chart structure, pointing out several bullish signals stacked together. He said Cardano was trading inside a “Cup and Handle” formation, a setup known for launching major upside moves. The pattern began in mid-2022 and has held strong through multiple cycles. What followed is a tightening bull flag, the “handle” of the formation, playing out between March and July. Prices printed a sequence of higher lows since December 2022, marking steady reaccumulation. Despite macro headwinds, the pattern stayed intact. Those who laugh at #ADA will be punished Strongest TA structure in the market, given the fact $ADA is still trading at the dip Let’s consider Overall Higher Lows structure C&H formation with a Bull Flag Support by confluence of EMA 50 + EMA 100 + EMA 200 Look… pic.twitter.com/3F6EdX2mid — Alex Clay (@cryptclay) July 22, 2025 Clay also noted a rare confluence of moving averages. The EMA 50, 100, and 200 all sit just under the current price, between $0.70 and $0.75. This support range is holding firm, catching dips and pushing the price upward. Converging EMAs often suggest momentum is shifting. The current compression under resistance, Clay added,…

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Filed under: News - @ July 22, 2025 5:32 pm