Cardano (ADA) On-Chain Governance Sparks Bullish Outlook With $0.90 in Focus

Cardano has reached several major milestones this week alone, including the approval of a major governance integration that promotes decentralized governance. This comes after Cardano celebrated the anniversary of decentralized on-chain governance after one year.

Moreover, the decentralized exchange market on the Cardano side is also thriving. The volume on the decentralized exchange market on Cardano in December 2025 even touched a record high of 450 million ADA. This is already higher than the record established last year.

Also Read: Cardano (ADA) Technical Analysis: Weekly Chart Breakdown Targeting $1.02

ADA Falling Wedge Breakout Could Push the Price to $0.90

However, the crypto analyst, Clifton Fx, noted that ADA is showing strong bullish momentum as it broke out of a falling wedge on a daily chart. It has confirmed a breakout, and a retest of a broken level of resistance is ongoing, which will be a very important moment, as a successful retest will cause a strong bullish impulse, leading to a large price rise.

Source: X

With the higher volume level and the presence of positive technical indicators, the outlook appears quite attractive to go long. ADA investors are closely observing the ongoing retest of the trend line to complete the breakout path to achieve a higher price target at $0.90 in the coming days. If so, it is likely to experience major gains.

ADA Technical Outlook Indicates Improving Momentum

ADA is currently at around $0.405, showing the bearish market trend, though the market is seeing some signs of improved momentum. Cardano has managed to go above the 20-day moving average and the midline of the Bollinger Bands, showing a glimpse of a relief rally. MACD has turned positive, though momentum is still below the zero line.

Source: TradingView

However, it should be made clear that the level of resistance between the 0.42 and 0.45 range needs to be overcome. Failure to do so may reverse the pullback to the 0.40 or 0.33 level. Until a close above the level of resistance occurs, it would still be a retracement.

Also Read: ADA Bullish Reversal in Sight as Cardano Launches Free Blockchain Course