Crypto Potato
2026-01-10 12:56:09

Cardano (ADA) Poised for a Strong Rally if This Key Level Holds: Details

Cardano’s ADA has performed quite well since the start of the year, rising 9% over the past week to almost $0.40. Some analysts think it can post far more substantial gains in the near future as long as it remains above a crucial level. The Next Targets Among the bullish X users is the one using the moniker Crypto Patel. The analyst claimed the asset’s current structure shows a “multi-year symmetrical triangle compression” and a strong demand zone between $0.28 and $0.38. They assumed that if ADA continues to hold above $0.30, its “macro bullish bias” remains valid. The analyst outlined the $1-$1.20 as the key breakout range, setting the next targets at $2.60, $5, and even $10. It is important to note that a weekly close under $0.28 would invalidate the setup. Crypto X is rammed with additional market observers who believe ADA is on the verge of a price explosion. Darren predicted the price might skyrocket to $10.50, whereas Hailey LUNC expects it to rise to as high as $14. X user Hardy is also bullish. On New Year’s Eve (when ADA was trading at around $0.35), they posted: Anything in this zone is a buy for me. $ADA is a good long term bet, bookmark this post. pic.twitter.com/mjOneETTG3 — Hardy (@Degen_Hardy) December 31, 2025 ADA’s recent exchange netflows reinforce the bullish scenario. Over the past several days, outflows have surpassed inflows, suggesting that investors have abandoned centralized platforms in favor of self-custody methods. This usually results in decreased selling pressure. ADA Exchange Netflow, Source: CoinGlass How About a Correction? Despite the price resurgence observed in the last days, some industry participants remain skeptical of the asset. X user Man of Bitcoin recently argued that ADA is in a pullback phase, adding that a break below $0.383 could send the valuation toward a certain descending trendline. Subsequently, he identified $0.347 as a key support level. Towards the end of last year, Ali Martinez also outlined a gloomy prediction. He claimed that the MACD on the monthly chart has crossed bearish, which in previous cases has been followed by a double-digit price collapse. The post Cardano (ADA) Poised for a Strong Rally if This Key Level Holds: Details appeared first on CryptoPotato .

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