Cardano Rebounds Over 150%, Faces Key Resistance at $0.70–$0.75
ADA has rebounded over 150%, reaching $0.67. The ADA/USD chart shows a breakout from a descending channel since mid-2025, aligning with a bounce from the $0.50 support zone.
- Key resistance is at $0.70–$0.75, previously acting as support and rejection.
- A close above this could lead to further gains toward higher Fibonacci levels.
- Momentum indicators suggest bullish trends, with RSI at 37 and potential MACD crossover.
Scenarios
- Bullish: If ADA holds above $0.60 and breaks $0.75, it may rally toward $3 or more, targeting $5 and $10 by 2026.
- Bearish: Failure to close above $0.70 increases retracement risk, possibly pushing the price back to $0.33.
Bitcoin Layer-2 Innovation with Bitcoin Hyper
- Bitcoin Hyper ($HYPER) enhances Bitcoin with Solana-like speed and low fees.
- The project raised $23.8 million in presale, drawing attention from investors.
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- $HYPER serves as transaction gas, enabling staking, governance, and more.
