Cardano Price Analysis of March 10, 2025: ADA Aiming to Spike over $0.75 Resistance Level, Is It Possible?

Are you checking the ADA price today and wondering if this is the right time to invest in? A Cardano price analysis reveals that the sellers continuously drove down the price as they encountered resistance during multiple upward surges in the market. The price rose temporarily after the breakout but met powerful resistance surrounding $0.7500 which blocked additional upsides and strengthened negative market sentiment. The $0.7100 area shows clear buying activity because traders repeatedly defended it during price dips. The price reaction at this support stage indicates a possible reversal yet it requires more evidence to establish whether the resistance point will be crossed or resistance will reject another increase.

Analyzed by baishnabtriparna, published on TradingView on March 10, 2025

Breaking Down the Downward Channel: ADA Price Trend

The ADA price trend maintains its position within a descending trend channel due to persistent resistance forces that pull price values down. Plenty of resistance exists at $0.7500 to prevent price growth, and the support level sits at $0.7100. When the price reached the support zone, buyers entered the market, because of which temporary upswings occurred. ADA shows indications of trying to overcome its downtrend pattern through an abrupt price rise starting from support levels. The price maintained above $0.7370 would trigger additional upward momentum toward $0.7500. ADA’s vulnerability to further selling activity will persist if it fails to cross the $0.7100 price level.

Cardano Price Analysis: Indicators Signal Potential Retrieval

RSI remains essential because it detects situations when markets become oversold, which triggers potential trend changes. The RSI reached below 30 points intermittently which signaled that selling pressure became too excessive. The price experienced temporary rebound effects when market players started buying assets. At the present time, the RSI shows a value of 61.58, indicating bullish market momentum has become more powerful. 

Analysis with the MACD (Moving Average Convergence Divergence) indicator delivered important information about ADA’s market momentum changes. Various bullish golden crosses and bearish death crosses have emerged throughout the entire time period shown on the chart. The golden crosses from the MACD signal bullish momentum increases that create upward price movements yet death crosses confirm bearish trends will continue. The latest golden cross signal indicates rising bullish momentum which corresponds to the increasing upward movement of the RSI.

Market Outlook: Will ADA Bullish Momentum Sustain?

According to Cardano price analysis, the ADA price today is at a decisive moment where two different market outcomes remain potential. When the price successfully maintains a position above $0.7500 it would validate that a trend shift has started, which could lead the market towards exploring prices at or above $0.7700. The golden cross on the MACD and the RSI’s bullish movement support this possibility. The resistance area will result in another price drop toward $0.7100 if the price level fails to remain above this area. A fall beneath $0.7100 would delete the recovery attempt, thus enabling more losses to reach $0.6900.

ADA needs to overcome its current resistance at $0.7500 in order to establish its upcoming market direction. Rising bullish pressure, according to RSI and MACD signals, confirms the trend but needs validation from actual price movement. The market requires traders to monitor whether the price penetrates above the resistance zone or bounces to trigger additional pullback movements. ADA’s short-term trend will be formed through decisive price movements in the following trading period.