ADA Breaks Out of Consolidation, Targeting $0.85 and Then $1.15

ADA, the native token of Cardano, has finally broken out of the prolonged consolidation it has been experiencing since the beginning of March 2025. Today,

The native token of Cardano, ADA, has finally broken out of the prolonged consolidation it has been experiencing since the beginning of March 2025. Today, March 25, 2025, with 3.75% upside momentum, the asset has successfully moved out of the narrow range between $0.69 and $0.75.

Cardano (ADA) Technical Analysis and Upcoming Levels

According to expert technical analysis, ADA now appears bullish. With its decent upside momentum, it has breached the resistance at the 200 Exponential Moving Average (EMA) on the daily time frame.

According to recent price momentum and historical patterns, if ADA manages to stay above the $0.76 level, there is a great chance that it could zoom by 13% to reach $0.85 in the approaching days.

But if this upside momentum continues and the market trades in favor of bulls, then ADA could potentially rally another 35% to reach the $1.15 level in the future.

ADA Current Price Momentum

At press time, ADA is currently trading at $0.762, showcasing a price surge of over 4.20% in the past 24 hours. However, during the same period, the asset’s trading volume soared by 30%, suggesting increased participation from traders and investors.

Key Liquidation Levels for Traders

As it stands, the sentiment appears bullish, which is also evident in traders’ behavior as they are heavily engaged in opening long positions, according to on-chain analytics firm Coinglass.

On-chain metrics highlight that traders are currently heavily leveraged at $0.72 on the lower side, where they have accumulated $26 million worth of long positions in anticipation of ADA remaining above this critical level.

On the other hand, $0.768 is another heavily leveraged level, where traders betting on the short side have placed $6.35 million in short positions.

Considering the current price momentum and market sentiment, these $6.35 million worth of short positions are at the risk of liquidation as the price edges closer to the $0.768 level.

Incorporating these on-chain metrics into the technical analysis, it seems that the bulls are currently in command and might propel the asset towards its next target in the upcoming days.