Cardano price holds above $0.828 with bullish momentum building into May 13
Cardano trades near $0.828 as bullish momentum tests $0.84
The Cardano price today is trading around $0.828, building on a breakout from descending resistance that occurred earlier this week. This move has lifted ADA more than 2.8% in the last 24 hours and allowed the asset to reclaim territory above its 20, 50, and 100 EMAs on the 30-minute chart. The breakout has also triggered renewed momentum across altcoins, positioning ADA in a favorable technical structure heading into May 13.
ADA’s rally began after it cleared the $0.81 pivot zone, flipping a prior resistance trendline into dynamic support now seen near $0.820. This level will be critical to maintaining the current bullish structure as traders closely monitor the $0.84 resistance zone, which remains a key ceiling. Price action has since entered a narrow consolidation band between $0.83 and $0.84, suggesting that buyers are preparing for a potential breakout attempt.
Cardano price dynamics (May 2025) Source: TradingView.
Cardano momentum builds, but indicators flash signs of caution
Momentum indicators remain supportive of the uptrend, but with signs of slowing. The RSI on the 30-minute chart hovers near 58.8, suggesting bullish strength without overbought risk. Meanwhile, the MACD is still positive, although histogram bars have begun to contract slightly, hinting at short-term exhaustion unless fresh volume arrives.
From a structural standpoint, ADA is pressing against the upper edge of a bullish continuation pattern. The Bollinger Bands have begun expanding again, suggesting a rise in volatility is likely as the token tests the $0.84–$0.85 zone. A breakout above this band could open the way to $0.87, with $0.91—the 0.786 Fibonacci extension level—standing as the next major upside target.
ADA price forecast for May 13: Breakout continuation or pullback ahead?
As long as Cardano holds above $0.820, the bullish case remains intact. A successful breakout above $0.84 could set the stage for a swift rally toward $0.87 or higher. However, failure to maintain this zone may lead to a pullback toward $0.796, with further downside risk toward $0.78 if bearish pressure intensifies.
As discussed in our earlier analysis, ADA’s reversal began with a clean trendline breakout and regained alignment across EMAs. With altcoin sentiment improving, Cardano remains well-positioned for a potential breakout continuation as long as critical support zones are defended.
