Cardano price targets $0.676 amid strong 4H momentum and weekly Fib retracement reversal
ADA rallies above $0.625 with strong 4H structure and Fib confluence near $0.676
Cardano (ADA) posted a strong technical breakout early Monday, closing above its key resistance at $0.625 after weeks of consolidation inside a symmetrical triangle. The move was supported by rising volume and clean structural progression on the 4-hour chart, suggesting a broader trend shift may be underway.
As of press time, ADA trades at $0.644, up over 3% in the last 24 hours.The breakout follows several higher lows formed from April 13 onward and reflects renewed demand across the $0.615–$0.625 support zone. The rally has now brought ADA within range of testing $0.648–$0.657, a confluence of short-term resistance and the 200 EMA on the 4-hour chart.
Should buyers hold momentum and close above this band, the next upside targets emerge at $0.67689 and $0.72107—key Fibonacci retracement levels drawn from ADA’s $1.326 high to $0.275 low.
Cardano price movement (March 2025 - April 2025) Source: TradingView.
Indicators confirm trend strength as volatility expands
Shorter EMAs (20, 50, and 100) are now stacked bullishly, and ADA is attempting to reclaim the 200 EMA at $0.657. The RSI stands at 63.76 on the 4H timeframe, indicating strong but not overbought momentum, while the MACD has just confirmed a bullish crossover above the zero line with rising green histograms. Bollinger Bands are also expanding, reflecting increasing volatility after a multi-week contraction phase.
The 30-minute chart further supports the bullish thesis, with a clean flip of resistance into support at $0.625 and the CE indicator flashing a fresh long signal near $0.608. ADA’s breakout also coincides with defending the 0.786 weekly Fib at $0.50041, adding a higher timeframe foundation to the move.
In prior technical coverage, we flagged the $0.600–$0.608 zone as critical support. With ADA now structurally above this level and pressing toward higher resistance bands, continuation depends on holding $0.625 and breaking through $0.657–$0.676 in the coming days.
