In the midst of the uncertainty of the market, Cardano (ADA) has consolidated itself in a tight range in recent days near a crucial level, creating a situation of doing or rupture. In the past 11 days, ADA has fluctuated between $ 0.70 and $ 0.74, now testing the lower limit of this range.
ADA’s current prices momentum
In addition to this consolidation, the current ADA price is also supported by an ascending trend line since the beginning of March 2025. The asset is currently negotiated nearly $ 0.71 and has recorded a modest price overvoltage of more than 0.50% in the last 24 hours.
Cardano technical analysis (ADA) and key levels
According to an expert technical analysis, ADA already forms a symmetrical triangle model parallel to its current consolidation. If the asset leaves this scheme and closes a four-hour candle above the level of $ 0.74, there is a high possibility that it can violate the consolidation and the rise of 15% to reach the bar of $ 0.85.
Currently, the asset has the potential to increase by 3%, which means that it could easily reach the level of $ 0.736. This prediction applies to a lower time. However, on a higher period of time, ADA’s daily graphic suggests that a major rally will only begin once the asset closes a daily candle above $ 0.85.
With the current lower market feeling and an unclear model, traders and investors seem to participate less in ADA, resulting in a record drop in the volume of exchanges, as reported by the Santiment Chain Analysis Society.
The data reveal that the active trading volume has been at the lowest since the beginning of 2025. In addition, in the last 24 hours, the volume has dropped by 15%.
