Cardano Weekly Price Analysis – March 1-8, 2025: ADA/USDT Drops to $0.7982, Will $0.75 Support Hold or Is It Indicating Another Breakdown?

Are you looking to invest in ADA and looking for the Cardano weekly price analysis? The Cardano (ADA) / Tether (USDT) 30-minute chart on Binance for the week of March 1-8, 2025, highlights significant price movements, key support and resistance levels, and technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). The price dramatically surged after breaking out strongly toward $1.20 before facing intense resistance that triggered an extensive price decrease. At the present time ADA maintains a price position around $0.7982 as it approaches its $0.75 support region.

Analyzed by baishnabtriparna, published on Tradingview on March 8, 2025

Cardano weekly price analysis: Breakout and Initial Rally

 Cardano price action shows that it spent its first day of the week positioned just below $0.75 before the strong support area stopped further price drops. The strong resistance successfully stopped the price from dropping any further. ADA succeeded in breaking out when it penetrated the resistance point at $0.80 where price resisted previous upward movements. A surge in price volume established the strength of buying pressure during this period. The price rally placed the RSI above 70 indicating strong buying pressure until it reached overbought conditions.

ADA initiated a bullish surge after it surpassed $0.80 and reached the weekly high price point of $1.20 before rioting forcefully downward. During this period sellers dominated buyers until buyers rejected the price rising to its weekly maximum. The price could not maintain stability above the $1.10-$1.20 resistance range which caused a market trend change.

ADA Analysis: Trend Reversal and Decline

ADA began losing value once the market reached its peak point because selling activity strengthened. The trend direction shifted to bearish when the MACD indicator displayed a Death Cross following its formation of a previous Golden Cross that had shown bullish signals. The market made successive lower highs and lower lows which served as a typical sign of an ongoing downtrend.

ADA briefly consolidated at $0.90 before it attempted to rebound after failing to reach $1.20. A resistance area formed at this strategic position which stopped price recovery from advancing above it. The price moved downwards to about $0.85 until another brief support area formed before a subsequent price decline took place.During distribution periods the RSI indicator went from overbought to oversold conditions two times to show powerful bearish forces. Bearish momentum remained persistent which caused the Cardano price action to fail in regaining momentum and recovering from its recent losses.

Downtrend and Current Market Structure

According to the Cardano weekly price analysis, the coin maintained support at $0.75 which stopped the price from declining any further. Price stayed unsuccessful in establishing upward movement since both $0.85 and $0.90 levels successfully pushed it downwards. After $1.20 rejection the downtrend resistance line successfully prevented the price from growing above this level.ADA currently has a trading value of $0.7982 while existing above its essential support point at $0.75. Currently the ADA analysis shows consolidation patterns suggesting an incoming price movement change based on investor feelings.

Key Support and Resistance Levels: Will ADA Bounce Back or Break Down?

The main support and resistance points found at ADA determine its future directional movement. ADA will likely experience a short-term market surge when support reaches the $0.75 level. A decrease below the $0.75 level will result in ADA moving toward the next support area at $0.70. The ADA price needs to surpass $0.85 to restore bullish tendencies while a price rise above $0.90 to $0.95 will provide evidence of a shift in market direction. Two trading outcomes appear likely for ADA based on current price movements because ADA will rise toward $0.90-$0.95 after continued support at $0.75 and a rise above $0.85 or ADA will decline toward $0.70 or below when trading falls beneath $0.75.