Cardano is flashing bullish signals across multiple timeframes, with key support holding and upside targets now stretching as high as $1.41.
Cardano is starting to show real signs of life again after weeks of dull price action. ADA is currently trading at $0.57 as it confirms flipping green on the weekly chart, and market participants are now watching closely as key reversal signals start stacking up.
Cardano’s current price is $0.57.00, down -0.83% in the last 24 hours. Source: Brave New Coin
Cardano Turns Weekly Candle Into Green
Cardano just flipped green on the weekly timeframe, marking a notable shift after weeks of downward pressure. As shared by analyst Av_Sebastian, the candle is closing firmly above $0.58. This weekly close is the first strong sign of buyer strength returning, and it opens the door for potential continuation in the coming sessions.
ADA flips its weekly candle green, signaling a potential trend reversal. Source: Av_Sebastian via X
On the chart, ADA has found support multiple times just above the $0.50–$0.52 zone, and now it’s pushing off that floor with rising volume. If momentum builds and price breaks above the $0.61 to $0.63 resistance cluster, it would confirm a short-term reversal and possibly target the $0.70 range next. For now, bulls will want to see the $0.58 level hold to keep the structure intact.
Cardano Price Successfully Retests Ichimoku Cloud
Building on its recent weekly strength, Cardano just made a significant move on the 2-week chart, breaking above the Ichimoku cloud in late 2024. As noted by Cantonese Cat, the breakout was followed by a textbook back-test of the cloud’s upper boundary, a move that often signals a shift in trend. The structure also shows a consistent pattern of higher lows and higher highs.
Cardano confirms a bullish Ichimoku breakout with a clean retest on the 2-week chart, eyeing the $0.70–$0.80 zone next. Source: Cantonese Cat via X
What makes this setup even more compelling is that ADA has historically respected Ichimoku signals on longer timeframes. With the breakout and retest in play, a continuation move toward the $0.70 to $0.80 region becomes a real possibility. For now, maintaining the structure above the cloud and pushing beyond the $0.63 resistance cluster would add further confirmation to the bullish case.
Cardano Network Activity Backing Technicals
On top of bullish technicals, Cardano just posted a massive on-chain milestone. According to TapTools, the network processed 276 billion ADA worth of transactions over the past 67 days, equivalent to roughly $165 billion at market prices.
Cardano processes 276B ADA in just over two months, signaling growing network strength. Source: TapTools via X
This sustained throughput adds more weight to the recent technical strength. First came the weekly candle flip, then the Ichimoku cloud retest, and now this surge in network volume helps round out the bullish picture. If Cardano price continues to hold above key support levels and the usage numbers stay this elevated, the foundation for a stronger breakout toward the $0.70+ range becomes more likely.
Cardano Price Prediction: Bounce Zone Setup Targets $1.41
Cardano is now sitting right at a major bounce zone on the weekly chart. According to analyst Claire, the $0.50 to $0.52 region has already seen two significant reactions, and this third touch could be the make moment. The chart outlines a triple bottom structure with a falling wedge pattern forming overhead. If bulls defend this support and push off convincingly, key upside targets emerge at $0.9024, $1.1281, and $1.4160.
Cardano sits at a key bounce zone with a triple bottom forming, with targets set at $1.41. Source: Claire via X
The levels are clean, the structure is mature. The wider descending channel adds extra weight to this setup, as any breakout would shift ADA into a new bullish phase. While Cardano price has already started to post green candles on the weekly but, the next few weekly candles will be important.
ADA Price Analysis
Just like the weekly chart, the lower-timeframe setup for ADA price is starting to form a potential triple bottom. Analyst Ali highlights the $0.54 zone as a key level to watch; price has bounced off it multiple times, and it now lines up with a strong support region.
ADA forms a potential triple bottom near $0.54 on lower time frames. Source: Ali via X
If ADA revisits this area and holds, it could trigger a sharp rebound, especially with momentum building on the higher timeframes. This setup reflects a classic reversal structure, and a confirmed bounce here would further strengthen the broader bullish case.
Final Thoughts
Cardano’s recent bounce isn’t just another random green candle; it’s backed by solid technicals, strong on-chain metrics, and growing sentiment. From flipping the weekly chart green to retesting the Ichimoku cloud on the 2-week, ADA is quietly stacking signals that suggest bulls are about to take complete control.
If ADA holds its footing above $0.58 and breaks cleanly past the $0.63 resistance zone, things could move fast. With targets ranging from $0.70 to $1.41, Cardano may finally be ready to step back into the spotlight.
