Cardano ($ADA) shows signs of life after a sideways period. The price has broken key resistance at $0.85 and is now targeting higher zones.
Current Situation in the Cardano Market
As of July 20, 2025, Cardano is trading around $0.872 after breaking the $0.85 resistance level. The timing is interesting as Bitcoin reached an all-time high of $123,000 and then consolidated around $118,000. During this time, many altcoins showed growth, while ADA remained quiet, which is typical for this coin.
Technical Analysis: Key Levels
Looking at the 4H chart, ADA has clearly broken out above the $0.848–$0.85 range, a significant resistance zone. The RSI is now above 72, suggesting overbought conditions, but in breakout mode, this often signals strength. Next resistance is expected around $0.90–$0.95, with a possible extension to $1.00. Short-term support lies at $0.85 and $0.836.
Trader Recommendations
In this breakout condition, ADA shows good potential for growth. Aggressive traders might ride the current momentum with a stop just below $0.85. More cautious buyers could wait for a dip back toward the $0.84–$0.85 zone for better risk-reward entry.
Cardano shows signs of readiness for another growth round after Bitcoin stabilization. Monitoring key levels will help traders make more informed strategy decisions.
