Cardano Price Rises—Is This a Recovery or Just Another ADA Relief Bounce?
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The post Cardano Price Rises—Is This a Recovery or Just Another ADA Relief Bounce? appeared first on Coinpedia Fintech News Cardano’s price has drawn fresh attention after staging a strong rebound from recent lows below $0.4, pushing ADA back above the $0.48 zone. The move stands out on higher timeframes, especially after weeks of muted price action, prompting discussion around whether ADA is finally breaking out or simply stabilising after a prolonged downtrend. ADA/USDT: Recovery From Long-Term Support On the weekly ADA/USDT chart, Cardano has bounced cleanly from a rising long-term trendline, a level that has acted as demand in previous pullbacks. The latest weekly candle shows strong follow-through, with price reclaiming the $0.45–$0.47 region, a zone that previously acted as resistance. This recovery marks one of ADA’s stronger weekly moves in recent months and helps stabilize the broader structure. As long as Cardano holds above this reclaimed level, downside pressure appears limited in the short term. That said, the move has not yet altered the broader trend. ADA remains below the $0.55–$0.60 resistance band, where several prior rallies failed. The price action currently reflects recovery rather than confirmation. A sustained weekly close above the $0.60 area would be required to establish a clearer trend reversal. ADA/BTC: Relief Bounce, Not a Breakout The ADA/BTC chart tells a more cautious story. Despite the rebound in USD terms, Cardano continues to underperform Bitcoin on a relative basis. The pair remains within a broader downtrend, with price simply bouncing from recent lows rather than breaking above key resistance. While ADA/BTC has recovered modestly toward the 0.0000050 region, it has yet to form higher highs or reclaim previous breakdown levels. This suggests the current move is largely aligned with broader market strength rather than a shift in leadership. Historically, sustained altcoin rallies have been…
Filed under: News - @ December 9, 2025 11:19 pm