Cardano News Update: ADA Faces Crucial $0.63 Threshold—Bulls Eye $1.70 While Bears Remain Watchful
- Cardano (ADA) tests $0.63 support, with analysts predicting a potential rebound to $0.85 and $1.70 if held. - Institutional accumulation and x402 payment integration signal growing confidence in ADA's long-term utility and infrastructure goals. - A breakdown below $0.63 risks a decline to $0.50, while declining trading volume and cautious positioning highlight volatility risks ahead of a potential breakout.
Cardano (ADA) has drawn significant attention in the crypto space as both analysts and traders keep a close eye on its price movement near the crucial $0.63 support. According to a
The price chart has developed a symmetrical triangle formation, a well-known technical sign of consolidation that often comes before a major price move. This structure, present since early 2025, signals reduced volatility and growing buying interest at the $0.63 mark, as highlighted in the Coinotag analysis. Analysts such as Ali Charts point out that if ADA can stay above this support, it would confirm the bullish outlook of the triangle, with resistance first appearing at $0.736 and a potential target of $1.70 should the breakout occur, as noted in the CryptoFront report. Past trends show that 70% of similar patterns on
Large investors and institutions are adding to the positive sentiment. While some
Still, the journey to $1.70 comes with challenges. If ADA drops below $0.63, it could fall toward $0.50, which would invalidate the bullish triangle scenario outlined in the Coinotag analysis. Traders are also cautious due to a 38% drop in trading volume to $448 million, suggesting a wait-and-see approach before any major price swings, as the Coinotag article points out. Conversely, on-chain data such as a 5% monthly increase in wallet addresses indicates growing long-term adoption, another highlight from the Coinotag piece.
Regulatory and institutional developments could further strengthen ADA’s outlook. Cardano’s addition to Grayscale’s Digital Large Cap Fund (GDLC) on the NYSE has already led to a 1.75% price jump within a day, according to a
As ADA nears important resistance levels, the market remains split. Some expect a short-term climb to the $0.70–$0.80 range, while others caution that losing the $0.63 support could trigger further declines, a sentiment echoed in the BTCC write-up. The next few weeks will be pivotal for ADA, with technical experts urging investors to watch trading volume and on-chain trends for signs of a breakout. For now, the $0.63 support stands as a crucial threshold for Cardano’s outlook in 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana Company updates $SOL holdings with 1M token increase

Ethereum Updates Today: Major Institutions Increase Investments as Network Achieves Significant Milestones
- Ethereum gains institutional traction as MegaETH's $450M token sale attracts 14,491 investors, showcasing high-speed layer-2 potential. - Treasury firms hold 3.2M ETH, surpassing Bitcoin counterparts, while TVL exceeds $50B across layer-2 networks like Linea. - U.S.-China trade framework boosts ETH 2.7% to $4,049, reducing macroeconomic risks amid delayed rare earth export controls. - Technical analysis shows ETH consolidating near $3,900 with projected 2028 recovery to $10,000, despite short-term $3,200

Solana News Today: La Culex's Meme Coin Bet: Will Comedy Draw in Major Investors?
- La Culex ($CULEX) meme coin's Stage 3 presale offers 30,683% ROI potential to $0.007 listing price, with $8K raised from 50+ buyers. - Project employs mosquito-themed memes, token burns, and staking to drive community engagement while competing with Pudgy Penguins and Solana. - Fed's 25-basis-point rate cut boosted crypto liquidity, with Ethereum ETFs seeing $246M inflows amid meme coin market volatility. - Analysts warn meme coins remain speculative, requiring sustained engagement and regulatory clarity

Bitcoin Updates: SFC Outlines Strategy to Harmonize Cryptocurrency Advancement and Safeguard Investors
- SFC proposes custodian guidelines and explores listed firms buying Bitcoin to boost institutional adoption and regulatory clarity. - DeLeion Capital launches real-time monitoring framework with audits to address sector volatility and fragmentation. - DBS and Goldman Sachs execute first OTC crypto options trade in Singapore, signaling maturing markets and institutional integration. - ASIC expands oversight, requiring $10M+ net assets for custodians and enforcing local laws on offshore platforms targeting
