Cardano Weekly Price Analysis – March 15, 2025: Can ADA Retrieve its Momentum and Break Above $0.78 Resistance This Week?
Let's dive into the Cardano Weekly Price Analysis and understand its price movement as it tests the $0.78 resistance level.
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Are you looking for Cardano Weekly Price Analysis to see if this is the best time for investment? As of March 15, 2025,the ADA chart reveals major support levels together with resistance points as well as pivot points across a 30-minute time period. Predicate support at $0.78 proved too tough for ADA before it moved higher to create a downward price channel. The price declined heavily while approaching $0.68 which became its most bearish point in the ongoing trend.
Analyzed by baishnabtriparna, published on Tradingview on March 15, 2025
Cardano Price Trend:Market Structure and Trend Reversal
ADA hit its $0.78 resistance area before a powerful selling pressure caused it to decline swiftly. During this bearish trend the price advanced through an active downward channel while creating successive lower points and lower peaks. The price reached its bottom around $0.68 because buyers entered and established a stable market position. The demand zone at this price level functioned as a stabilizing force to pause the market before the start of price reversal.
ADA started developing higher price floors from its $0.68 level of support before initiating an uptrend. The uptrend formation of an ascending line showed that purchasing power was stepping back into control of the market. Despite this an area with $0.75-$0.78 represents an essential point which ADA needs to overcome successfully.
A bullish breakout will be confirmed when ADA surpasses the $0.78 resistance mark with high trading volume. A successful rally past $0.80 can emerge when this trapping situation takes place. The price may return to $0.72 support if ADA fails to penetrate the resistance zone. At that level potential buyers could initiate another defense of the price.
Cardano Price Trend: RSI and MACD Analysis
The Relative Strength Index (RSI) identifies crucial changes in momentum levels. The oversold value of ADA reached the March 10 level which marked a point where the price downtrend culminated thus initiating an upward price movement. RSI reached overbought ranges around March 14 which triggered a temporary market price drop. RSI maintains a position close to 60 which indicates a mixture of bearish and bullish market conditions.
The MACD indicator serves to confirm changes in market trends. The price demonstrated positive directional movements during the periods of March 10 and March 14 as golden crosses emerged. March 11 followed by March 12 brought death crosses to the market which demonstrated brief selling pressure across the sector.
Cardano Weekly Price Analysis: What’s Next for ADA?
ADA faces a significant test of bullish energy at the $0.75 – $0.78 range because a successful breakout at this point would signal strong upward market momentum. The price at $0.72 acts as an immediate support marker because recent sessions have evaluated this level several times. The following support level lies at $0.68 after previous buying activities stopped the asset from falling further. ADA is likely to climb toward $0.80 or more after breaking past $0.78. Price rejection at $0.75 can prompt a retest of $0.72 before another decrease tumbles the value to $0.68.
TheADA price today exhibits bullish characteristics when ADA maintains position both above the rising support line and $0.72 support zone. The price breaking above $0.78 with success would prove strong buying momentum which would trigger additional price growth. On the other hand, if ADA price today fails to clear this resistance zone, it may experience a pullback toward lower support levels. Traders should closely monitor RSI levels and MACD crossovers, as they can provide confirmation of the next significant move in either direction.
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