{"id":7636,"date":"2025-05-28T11:20:00","date_gmt":"2025-05-28T10:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7636"},"modified":"2025-05-28T10:32:43","modified_gmt":"2025-05-28T09:32:43","slug":"cardano-ada-price-rebound-to-1-dollar","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/cardano-ada-price-rebound-to-1-dollar\/","title":{"rendered":"Cardano at a Turning Point : Will Bulls Push ADA Back to $1 ?"},"content":{"rendered":"\n

Cardano (ADA) : Towards a Rebound to $1 or a Deeper Fall ?<\/h2>\n\n\n\n

Cardano (ADA)<\/strong> is going through a pivotal period. After a +9.09%<\/strong> rally in the last month, the token has dropped by 1.23%<\/strong> in 24 hours, trading around $0.74<\/strong> (as of May 28, 2025). Investors are questioning: can buyers push ADA towards $1, or does waning interest threaten a more severe correction<\/strong>? Technical analysis and on-chain data shed light on the outlook.<\/p>\n\n\n\n

Initially, ADA is testing a key ascending support line on the daily chart, around $0.74. According to analyst CryptoSentry (@CryptoSentryX on X), “this support has held three times since March 2025. A bullish breakout could push ADA to $0.96, a rise of +30.54%<\/strong>.” <\/p>\n\n\n\n

This level aligns with a Fibonacci resistance at $0.95<\/strong>. If buyers dominate, a move towards $1<\/strong> is plausible, a psychological threshold not reached since January 2024.<\/p>\n\n\n\n

However, a breach below $0.74 could send ADA towards the next support at $0.68<\/strong>, or even $0.60 in case of panic. <\/p>\n\n\n

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

A bullish trendline is present, providing support at $0.71<\/strong>, which could be breached if the price falls below it. Moreover, this price corresponds to the POC in 12H. The price of $0.71<\/strong> is therefore crucial for the token’s future in the coming weeks.

Hence, Cardano stands at a crossroads between a bullish recovery and a more severe correction. If a correction occurs, the zone at $0.6<\/strong> could present an interesting buying opportunity to enter the token.<\/p>\n\n\n\n

Another indicator<\/a> to also monitor will be the daily RSI<\/strong>. If it approaches the oversold zone, it will provide confluence for an imminent rebound.<\/p>\n\n\n\n

On-Chain Data : Mixed Signals<\/strong><\/h2>\n\n\n\n

Spot Traders Activity : A Bullish Support<\/strong><\/h3>\n\n\n\n

Recently, spot traders have been supporting ADA with consistent buying activities. Net outflows from exchanges<\/a> have strengthened the altcoin’s bullish prospects, indicating appeal to long-term holders.<\/p>\n\n\n\n

Investor Interest : A Concerning Decrease<\/strong><\/h3>\n\n\n\n

However, a significant decline in the number of active investors on the Cardano blockchain has been noted. This trend could negatively impact ADA’s price, as seen in the futures market.<\/p>\n\n\n\n

Furthermore, the futures market amplifies concerns. Long positions have decreased by 12%<\/strong> on Binance Futures, indicating caution among speculative traders<\/a>. The long\/short ratio is at 0.9, a neutral but fragile level.<\/p>\n\n\n\n

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JUST IN: Cardano $ADA<\/a> now ranks #2 in community support votes on CoinMarketCap\u2014second only to Bitcoin.

One of the most community backed assets in the world. pic.twitter.com\/TqfoEwErRQ<\/a><\/p>— TapTools (@TapTools) May 27, 2025<\/a><\/blockquote>