Analysts see this current consolidation as healthful, with ADA constructing a stable base before its subsequent upward circulation. For Cardano to reclaim the $5 mark, key resistances lie at $1.10, $1.75, and $3. Breaking through these stages, in particular with increased institutional interest and DeFi boom on Cardano, could cause a parabolic rise.
On the downside, strong support is seen at $0.72, $0.64, and $0.50, where buying choice has traditionally been high. These ranges may additionally serve as buffers at some point of any correction stages, keeping the overall uptrend intact.
