Cardano (ADA) has attracted significant attention due to its recent price surge. In the past 24 hours, the price increased by nearly 9%, supported by strong technical signals and community activity.
Social Sentiment: Cardano Trending.
Cardano is not only climbing the charts but is also trending on social media. In the last 24 hours, the platform recorded over 2 million ADA-related engagements, with more than 21,000 unique contributors. Twitter shows more than 1000 daily ADA tweets, with 78% bullish sentiment, 5% bearish, and 17% neutral. Furthermore, platforms like LunarCrush rank Cardano among the top 10 most mentioned tokens.
Currently, Cardano stands out due to its grassroots strength. Unlike some hyped-up tokens driven by influencers or paid campaigns, the current surge of ADA is powered by content creators, developer interest, and community engagement.
Cardano Price Forecast: Can ADA Reach $1?
Currently, Cardano is trading around $0.608, showing an impressive 6% daily gain after correcting from over 8%. The token recently bounced off the $0.50 to $0.56 support zone, forming a bullish reversal. Technical indicators are leaning positive, suggesting a rise to $0.7 could be feasible in the coming days.
Current Technical Signals and Expectations
Bollinger bands have squeezed, indicating reduced volatility, which usually results in a breakout. The RSI has rebounded from lows and seems to be preparing for a parabolic recovery, potentially providing strong bullish momentum to the ADA price rally in the long term. However, if the price clears the resistance zone between $0.602 and $0.6111, selling pressure may increase, causing a small pullback.
Thus, Cardano continues to attract investor interest through its steady growth and active community. If ADA maintains this bullish trend, breaking the $0.7 mark could pave the way for higher levels, including $1 in Q3 2025.
