Cardano price is pressing into a major resistance zone after reclaiming its trendline support, with participants watching closely to see if a breakout can trigger the next bullish reversal.Cardano price is pressing into a major resistance zone after reclaiming its trendline support, with participants watching closely to see if a breakout can trigger the next bullish reversal.

Cardano Price Prediction: ADA Attempts Trendline Recovery as Inverse Head-and-Shoulders and Major Resistance Levels Come Into Focus

2025/12/07 03:12

Cardano price is trading near $0.42, stabilizing after a sharp decline and now attempting to reclaim the short-term bullish structure. With price grinding higher along an ascending trendline and pushing back towards the key $0.47 to $0.485 resistance, ADA is entering a decisive phase that may determine whether a larger recovery can take shape.

This attempt at stabilization comes as sentiment across major altcoins remains mixed, placing extra attention on ADA’s ability to hold structural support and break into higher ranges.

Cardano price continues to show signs of compression beneath major resistance, with early technical improvements appearing on multiple timeframes. Analysts tracking ADA’s structure see a combination of steady trendline support, emerging reversal patterns, and higher-timeframe accumulation behavior, all contributing to renewed interest in Cardano price prediction.

Ascending Trendline and Resistance Retest Define ADA’s Near-Term Structure

Crypto Yoda highlighted that Cardano price is respecting its ascending trendline, forming a series of higher lows, one of the earliest signals of a potential trend recovery. Price is now grinding toward the overhead resistance zone at $0.475–$0.485, an area that previously rejected ADA multiple times.

Cardano grinds toward the $0.485 resistance as its ascending trendline continues to support price. Source: Crypto Yoda via X

If ADA manages to break into this zone, it would represent a meaningful structure shift and could activate higher upside projections. On the other hand, repeated rejection here would risk pulling ADA back towards the trendline support near $0.41 to $0.42.

This creates a pivotal inflection point, one that may decide whether a new bullish phase develops or consolidation continues.

Inverse Head-and-Shoulders Patterns Add Weight to Bullish Case

Cardano chart pointed to a clean inverse head-and-shoulders formation, with the neckline resting around $0.45. If ADA closes decisively above this level, two immediate upside targets emerge:

  • $0.490 (local structural target)

  • $0.520 (0.618 Fib retracement)

This pattern is historically associated with bullish reversals, especially when paired with rising volume and trendline support. ADA’s recent price behavior aligns closely with classic IHS dynamics, prolonged accumulation, a rounded base, and a tightening price structure before a breakout. If the pattern confirms, ADA Cardano price could build momentum much faster than market sentiment currently suggests.

Cardano is forming a clean inverse head-and-shoulders, with a breakout above the $0.45 neckline opening room toward $0.49 and $0.52. Source: Crypto Chiefs via X

ADA Shows Potential for a Larger Macro Recovery

A major higher-timeframe chart shared by Global Rashid highlights a long-running descending structure that may be approaching completion. The pattern resembles a multi-year falling wedge, with ADA repeatedly establishing higher macro lows and reacting strongly at key inflection points.

Cardano’s higher-timeframe structure hints at a multi-year falling wedge nearing completion, with long-term targets stretching well beyond $1. Source: Global Rashid via X

According to the chart, ADA’s long-term bullish roadmap includes:

  • A potential bottom around $0.37–$0.40

  • A projected early recovery towards $0.80–$1.30 in 2026

  • Larger upside estimates reaching $1.87, $2.36, and ultimately the prior all-time high near $3.09

While these broader projections remain speculative, they demonstrate growing confidence among long-term analysts that ADA’s multi-year corrective cycle may be nearing exhaustion.

Cardano Technical Analysis

Cardano is currently battling a crucial resistance area at $0.45 and $0.485, a zone that has repeatedly capped upside attempts. Price is still respecting the ascending trendline from recent lows, which keeps ADA in a short-term bullish structure as long as this support holds. A breakout above $0.47 to $0.485 would confirm strength and open the path towards the psychological $0.50 level, with follow-through targets near $0.52, where the 0.618 Fibonacci level aligns.

Cardano price is trading around $0.42, down -5.43% in the last 24 hours. Source: Brave New Coin

However, rejection at current resistance would likely send ADA back towards the $0.40–$0.38 region, and a deeper retest of the trendline near $0.35 remains possible. Losing this support would weaken the structure and expose ADA lower. For now, ADA remains positioned between a tightening support base and a strong overhead barrier, making the next breakout attempt critical for determining direction.

Final Thoughts: What Next for ADA Cardano?

Cardano price is entering a decisive phase defined by rising trendline support, tightening consolidation, and the emergence of multiple bullish reversal patterns. While the broader market remains volatile, Cardano’s structural resilience and strong underlying fundamentals continue to provide a supportive backdrop.

Whether ADA can reclaim $0.47 to $0.485 will likely determine if a bullish expansion towards $0.50 to $0.52 begins, or if price remains trapped in a grinding accumulation range.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Western Union Eyes Stablecoin Card for Inflation Zones

Western Union Eyes Stablecoin Card for Inflation Zones

The post Western Union Eyes Stablecoin Card for Inflation Zones appeared on BitcoinEthereumNews.com. Western Union is building a stablecoin-backed prepaid card targeting countries with high inflation rates. Summary Western Union is creating a stablecoin-backed prepaid card for inflation-heavy economies. The USDPT token on Solana launches in 2026, integrating with the firm’s remittance network. Partnership with Rain enables Visa stablecoin cards and crypto-to-cash conversions. The money transfer giant plans to offer the product in markets where local currency depreciation erodes purchasing power, CFO Matthew Cagwin told the UBS Global Technology and AI conference. Cagwin pointed to Argentina as a prime use case, where inflation exceeded 200% last year. The dollar-denominated card would help preserve value for remittance recipients in economies facing rapid currency devaluation. Rain partnership brings Visa stablecoin cards Western Union has partnered with Rain to issue Visa cards linked to stablecoins. The collaboration allows users to convert digital assets stored in wallets connected to Rain’s platform into local cash at Western Union branches. The company is building on-ramps and off-ramps within its digital asset network to reduce banking system dependence and accelerate fund settlement. “We’re working with several providers to build this infrastructure,” Cagwin stated. Western Union plans to launch the US Dollar Payment Token (USDPT) in 2026, a stablecoin issued by Anchorage Digital on the Solana network. The token will integrate with the company’s broader digital asset strategy. The prepaid card will function as a bridge between stablecoins and everyday spending in high-inflation economies. Users receive remittances loaded onto cards denominated in dollars. The cards can be spent at merchants or withdrawn as cash at Western Union locations. Company reverses decade-long crypto skepticism Western Union maintained a dismissive stance toward cryptocurrencies for years. In 2017, Chief Technology Officer David Thompson questioned Bitcoin’s viability as currency, comparing crypto to commodities rather than functional money. The company argued that digital assets lacked governance,…
Share
BitcoinEthereumNews2025/12/07 02:47