{"id":4948,"date":"2025-04-29T10:45:00","date_gmt":"2025-04-29T09:45:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4948"},"modified":"2025-04-29T10:39:20","modified_gmt":"2025-04-29T09:39:20","slug":"cardano-ada-double-price-bull-run","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-ada-double-price-bull-run\/","title":{"rendered":"Can Cardano (ADA) Still Double in Price This Bull Run ?"},"content":{"rendered":"\n

ADA Ready to Explode ? Another 100% Surge Possible<\/strong><\/h2>\n\n\n\n

The cryptocurrency market<\/a> has recently experienced a sideways trend. However, some assets like Cardano (ADA) are starting to show encouraging technical signs<\/strong>. Currently trading around $0.70, the ADA price<\/strong> has recently held above a major technical support level, hinting at a significant rebound potential<\/strong> in the weeks ahead.<\/p>\n\n\n\n

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Join Crypto Enthusiasts on Telegram !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

Technical Analysis : Moving Back Above the 50-Day Moving Average<\/strong><\/h3>\n\n\n\n

According to CoinMarketCap data, Cardano’s market<\/a> capitalization stands at nearly $24.7 billion<\/strong>. This reflects a moderate but strong long-term investor consensus<\/strong>. From a technical perspective, the fact that the ADA price has moved back above its 50-day moving average (50 DMA) at around $0.6750<\/strong> is a particularly encouraging signal.<\/p>\n\n\n

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\"Cardano<\/figure>\n<\/div>\n\n\n

This upward crossing of the 50 DMA<\/strong> suggests that the downtrend observed in late March\/early April has been broken. Risks are now tilted to the upside, with potential for a return towards major major resistances<\/strong> in the $1.20 – $1.30 zone.<\/p>\n\n\n\n

Solid Long-Term Prospects Amid Uncertain Environment<\/strong><\/h3>\n\n\n\n

However, a widespread new “altcoin season<\/a><\/strong>” triggering ADA’s rise to historical highs above $3<\/strong> is unlikely. High macroeconomic uncertainties, notably signs of US economic fragility<\/strong> increasing recession risks, play a role in this scenario.<\/p>\n\n\n\n

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Ouch: April \u2066@DallasFed<\/a>\u2069 Manufacturing Index down to -35.8 vs. -14.2 est. & -16.3 prior \u2026 new orders down to -20 (-0.1 prior), shipments down to -5.5 (+6.1 prior), prices paid up to +48.4 (+37.7 prior), and employment up to -3.9 (-4.6 prior) pic.twitter.com\/AXdv26GZ5h<\/a><\/p>— Liz Ann Sonders (@LizAnnSonders) April 28, 2025<\/a><\/blockquote>