Cardano Reclaims Key Levels as ADA Bulls Target $1.02 Breakout

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Cardano (ADA) has reasserted bullish momentum by reclaiming both its 50-day and 200-day Simple Moving Averages (SMAs), marking a critical shift in its technical structure. Following a strong rally to $0.865, ADA now sits above its 50-day SMA at $0.677 and 200-day SMA at $0.692, which previously acted as significant resistance.

This move signals a potential trend reversal and positions the altcoin for a retest of the $1.02 resistance level, last seen on March 5, 2025.

Bulls Regain Control: $1.02 in Sight

With bulls firmly back in the driver’s seat, Cardano appears poised to challenge the psychological and technical $1 mark, which could solidify a long-term bullish trend. A successful break above $1.02 would represent a significant milestone and open the door to higher resistance levels at $1.19, $1.32, and eventually the $2 zone.

However, maintaining this momentum will require continued buying pressure and a cooperative broader market, as altcoins typically mirror macro crypto sentiment.

Whales Accumulate Over 40 Million ADA

Investor sentiment has turned optimistic, supported by a sharp increase in whale activity. Blockchain data reveals that large holders acquired over 40 million ADA over the past few days as prices surged. This accumulation pattern often precedes strong continuation rallies, suggesting that whales anticipate further gains.

This renewed confidence comes as part of a wider market trend. According to CoinShares, digital asset investment products saw $882 million in inflows last week alone, marking the fourth straight week of gains and pushing year-to-date inflows to $6.7 billion. Notably, Cardano-specific inflows remained positive, reinforcing investor trust in ADA’s long-term value.

What Traders Should Watch

Despite the bullish indicators, ADA may encounter short-term resistance between $0.90 and $1.02, where traders could take profits. Analysts will closely monitor whether the current price level holds or if sellers re-emerge to stall the upward movement.

Sustaining this bullish setup depends on a successful retest of the $0.865 support and continued strength from the broader crypto market. A firm break above $1 would validate bullish expectations and potentially spark a rapid move toward $1.19, followed by $1.32.

Conclusion: ADA Momentum Builds with Technical Backing

Cardano’s ability to reclaim its 50-day and 200-day SMAs has reignited bullish interest, with traders now watching closely for a breakout above $1.02. Whale activity, investor inflows, and recovering sentiment all point to a potential trend reversal. If the momentum continues and resistance levels give way, ADA could soon re-enter the $1–$2 price range, making this one of the most critical weeks for Cardano in 2025 so far.