Hedera (HBAR)’s Bullish Outlook Suggests Major Upside, as Cardano (ADA) Prices Poise for a Jump – Buy ADA & HBAR Now?

Hedera (HBAR) shows impressive potential for significant growth. Cardano (ADA) also appears set for a price increase. Investors might find it an opportune moment to consider these digital assets. The forthcoming analysis reveals which cryptocurrencies are primed for a bullish run and why they deserve attention now.

Cardano: Recent Trends and Key Price Levels in Focus

ADA price action over the past month shows a modest drop of roughly 8%, with weekly declines near 1.22%. Over the last six months, Cardano has surged close to 77%, marking a strong upward push for longer-term holders. This blend of short-term softness paired with solid long-term gains highlights a period of volatility and gradual recovery.

Current levels see Cardano trading between $0.47 and $1.02, with resistance around $1.37 and support near $0.27. Technical signals point to a slight bearish leaning without a decisive trend, presenting a range-bound market. Traders might consider buying near support and testing resistance while keeping an eye on any emerging breakouts.

Hedera HBAR: Six-Month Surge Meets Short-Term Correction

Over the past month, HBAR price declined nearly 9.6%, while the six-month period delivered a robust 219% gain. Prices ranged between $0.117 and $0.248, indicating a volatile swing that contrasts short-term pullbacks with long-term upward momentum. This behavior shows clear recovery potential even amid recent dips.

Current price action trades within the $0.117-$0.248 corridor, with immediate resistance at $0.33 and a further hurdle at $0.47. Support appears near $0.07. Despite strong long-term gains, short-term indicators lean slightly bearish with an RSI around 48. Traders may look for a steady break above $0.33 while watching for reversals near support levels.

Conclusion

ADA and HBAR have shown promising potential for growth. Both coins have unique features and strong communities supporting them. The bullish outlook for HBAR and the anticipated price rise for ADA highlight their attractiveness. This could be a good time to consider investing in these two assets.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.