Cardano Approaches Critical $0.720 Resistance With ADA Breakout Toward $0.750 Ahead

The price action of Cardano Bulls aims to overcome $0.720 resistance barriers as Cardano (ADA) shows signs of a potential ADA price breakout. ADA’s current trading value stands at $0.7088, while its market shows a 2.04% daily increase. ADA price attempts to break through resistance zones, which range between $0.7150 and $0.720, while continuing its recovery from $0.650. ADA price could initiate a new bullish trend, extending from $0.750 to $0.780 when it effectively exceeds these resistance levels. The price could fall to $0.680 in case the Cardano resistance level stays unbroken.

Cardano Price Faces Key Resistance at $0.720

Cardano’s price maintained a steady position above $0.680 after undergoing a price drop from $0.7350. Moving forward, ADA must overcome the resistance area between $0.7150 and $0.720. A successful price break could drive ADA to shoot up past $0.750 and potentially reach $0.780. The bullish momentum shown by the MACD and RSI indicators fails to overcome the bearish resistance near $0.7180. Unsuccessful ADA price breakout attempts will push the ADA price to test support at $0.680.

Cardano Bulls Strengthen Momentum: Technical Indicators Show Positive Signals

Technical indicators used to analyze Cardano (ADA) reveal strong bullish signals. This indicates that buyers currently dominate the market during short time periods. A sustained increase in buying pressure emerges from the hourly MACD indicator, which suggests additional price gains might happen soon. The Relative Strength Index (RSI) indicates positive conditions for ADA since it remains above 50. Based on current trend indicators moving upward, the price might continue rising if the purchasing force remains strong.

Chart 1 – ADA/USD live price, published on TradingView, April 28, 2025.

Nevertheless, even with the encouraging technical indicators, Cardano’s price is encountering strong resistance in the $0.7150 to $0.720 region. For ADA to continue on its upward trajectory and aim for higher levels, like $0.750 and $0.780, a break above this zone is essential. If ADA is unable to overcome this resistance, it may experience a period of consolidation or possibly a pullback, probing lower support levels around $0.680. Cardano’s next course of action will be decided in the coming days.

Can Cardano Break Above Key Resistance?

Marcos ADA reaches the barrier at $0.720, and traders track price movements for potential breakthroughs. Cardano bulls successfully breaching this crucial resistance level will direct the next major price targets toward $0.750 and $0.780. Profitability during this potential ADA price rally will depend on bull buying power since technical indicators currently show positive signs. ADA might return towards $0.680 support if it cannot escape the $0.7150-$0.720 resistance range.

What’s Next: ADA’s Path to New Highs

Cardano bulls need to exceed the $0.720 resistance point to succeed in the ADA price rally breakthrough strategy. Additional price increases appear possible after surpassing $0.7150-$0.720 while pushing ADA closer to $0.750 and $0.780. A price decrease will happen unless this zone is broken because support exists between $0.680 and $0.630. Traders must observe the vital price fluctuations occurring near these essential areas because the forthcoming few days will shape Cardano’s future value pattern.

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