📊 $ADA / Cardano – Technical & Fundamental Outlook
On the 4H chart, we can see MA7 crossing above MA25 📈 — a bullish signal.
Right now, the key point is whether price will successfully close above MA25, which would confirm the move.
👉 If this holds, we can expect a push toward MA99, currently around 0.3370 🎯
This area is a strong resistance, but considering the ongoing innovation within the Cardano ecosystem — projects like Midnight and others 🚀 — the breakout is expected to be relatively smooth.
📈 In the mid to late part of the year, ADA has solid potential to print new highs, especially if we get positive news around a possible ETF 📰💰
🔍 At the moment, volumes are low, but this doesn’t mean lack of interest. On the contrary — large investors are already positioning at key levels, such as 0.3100.
This level makes sense because:
✔️ it comes after the breakout of the psychological resistance at 0.3000
✔️ it’s far enough from the next major resistance — MA99
👀 Market is loading… it’s not a question of if, but when.