0.76cents
نشر
CaptainAltcoin
·
--
Cardano (ADA) Looks Ready for More Upside, Says Michaël Van De Poppe
Trader Michaël van de Poppe shared two weekly charts showing why he thinks Cardano has more room to run. His view is simple: ADA is back above the 20-week moving average on both the USD and BTC pairs and it held a key support zone. That usually points to trend strength rather than weakness.
What the ADA/USDT weekly chart shows
Price is trading around $0.90 and sitting above the 20-week MA (the blue line). ADA dipped into a green “optimal entry” box in recent weeks and bounced, keeping the series of higher lows from late 2024 intact. The chart also marks an old range and a new range. ADA has reclaimed the new range and is now pushing the mid-area.
Key levels on this chart:
Support: $0.74–$0.80 (green box) and the rising trendline under price.
Resistance 1: $0.985 (dashed line).
Resistance 2: $1.24 (top of the marked range).
Source: X/@CryptoMichNL
The weekly RSI is above the midpoint and flat to rising. That suggests neutral-to-bullish momentum without being overheated.
Takeaway: reclaiming the 20-week MA and the range mid means buyers are in control as long as ADA holds $0.80–$0.85 on weekly closes.
What the ADA/BTC weekly chart shows
Against Bitcoin, ADA is also back above its 20-week MA after a long downtrend. Van de Poppe labels this as a “trendswitch.” Price sits near 0.0000078 BTC with room to attack old resistance levels overhead.
Source: X/@CryptoMichNL
Key BTC-pair levels:
Support: 0.0000070–0.0000075 BTC (area around the 20-week MA).
First resistance: 0.000009–0.000010 BTC.
Major resistance/target: 0.00001536 BTC (marked horizontal).
If ADA can clear the first band, a run toward 0.000015 BTC becomes realistic, especially if Bitcoin ranges instead of trending hard.
ADA price outlook (next few weeks)
Bullish path: Hold above the 20-week MA and $0.85. Break and close the week above $0.985. That opens $1.10–$1.24 next. If momentum and volume expand, a stretch target near $1.35–$1.40 is possible later in the quarter. On the BTC pair, clearing 0.000010 BTC would set up 0.0000125–0.000015 BTC.
Range path: Rejections at $0.985 keep ADA in $0.80–$0.98 while it builds more weekly structure.
Risk path: A weekly close back below $0.80 and the 20-week MA would weaken the trend and risk a revisit of $0.74. Losing that base puts $0.68–$0.70 in play. On the BTC pair, dropping under 0.000007 BTC would invalidate the trendswitch for now.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
The post Cardano (ADA) Looks Ready for More Upside, Says Michaël van de Poppe appeared first on CaptainAltcoin.
What the ADA/USDT weekly chart shows
Price is trading around $0.90 and sitting above the 20-week MA (the blue line). ADA dipped into a green “optimal entry” box in recent weeks and bounced, keeping the series of higher lows from late 2024 intact. The chart also marks an old range and a new range. ADA has reclaimed the new range and is now pushing the mid-area.
Key levels on this chart:
Support: $0.74–$0.80 (green box) and the rising trendline under price.
Resistance 1: $0.985 (dashed line).
Resistance 2: $1.24 (top of the marked range).
Source: X/@CryptoMichNL
The weekly RSI is above the midpoint and flat to rising. That suggests neutral-to-bullish momentum without being overheated.
Takeaway: reclaiming the 20-week MA and the range mid means buyers are in control as long as ADA holds $0.80–$0.85 on weekly closes.
What the ADA/BTC weekly chart shows
Against Bitcoin, ADA is also back above its 20-week MA after a long downtrend. Van de Poppe labels this as a “trendswitch.” Price sits near 0.0000078 BTC with room to attack old resistance levels overhead.
Source: X/@CryptoMichNL
Key BTC-pair levels:
Support: 0.0000070–0.0000075 BTC (area around the 20-week MA).
First resistance: 0.000009–0.000010 BTC.
Major resistance/target: 0.00001536 BTC (marked horizontal).
If ADA can clear the first band, a run toward 0.000015 BTC becomes realistic, especially if Bitcoin ranges instead of trending hard.
ADA price outlook (next few weeks)
Bullish path: Hold above the 20-week MA and $0.85. Break and close the week above $0.985. That opens $1.10–$1.24 next. If momentum and volume expand, a stretch target near $1.35–$1.40 is possible later in the quarter. On the BTC pair, clearing 0.000010 BTC would set up 0.0000125–0.000015 BTC.
Range path: Rejections at $0.985 keep ADA in $0.80–$0.98 while it builds more weekly structure.
Risk path: A weekly close back below $0.80 and the 20-week MA would weaken the trend and risk a revisit of $0.74. Losing that base puts $0.68–$0.70 in play. On the BTC pair, dropping under 0.000007 BTC would invalidate the trendswitch for now.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
The post Cardano (ADA) Looks Ready for More Upside, Says Michaël van de Poppe appeared first on CaptainAltcoin.
إخلاء مسؤولية: يتضمن آراء جهات خارجية. لا تُعدّ نصيحة. يُمكن استخدام Binance AI دون أي ضمان. اطلع على الشروط والأحكام.