The post ADA Breaks Trendline as Charts Signal a 40% Bullish Wave appeared on BitcoinEthereumNews.com. Key Insights:  ADA breaks trendline on 4H chart, opening a potential bullish wave toward the $0.60 area. Weekly support zone at $0.322–$0.437 holds firm, backed by historical volume and Fibonacci levels. Breakout lacks five-wave confirmation, but upside remains valid while price stays above $0.44 support. ADA Breaks Trendline as Charts Signal a 40% Bullish Wave Ahead Cardano (ADA) has moved above a descending trendline on the 4-hour chart. This line had acted as resistance since early October, with multiple failed attempts to push higher. The breakout took place near the $0.45 to $0.46 level, which was previously capping the price. A clear bullish candle closed above the trendline, supported by a series of higher lows through early December. This pattern suggests that buying strength is returning after a long period of selling pressure. The trendline, once resistance, now flips into a possible support zone. Target Range Points to $0.60–$0.62 According to recent chart projections from ZAYK Charts, the breakout opens the door to a move toward $0.60 to $0.62. This range represents a potential gain of about 30% to 40% from the breakout area. The target is based on a measured move shown directly on the chart. Source:  ZAYK Charts/X The upside scenario remains valid as long as price stays above $0.44. If the move fails, $0.43 and $0.41 are key support levels to watch. Analysts note that a spike in trading volume could support a faster move toward the upper range. Long-Term Support Zone Holds on Weekly Chart On the weekly chart, ADA continues to trade within a broad support area between $0.322 and $0.437. This range includes several overlapping factors: historical price activity, Fibonacci levels, and high-volume nodes. The area has previously served as a base during market pullbacks. The most recent weekly candle shows a bounce near… The post ADA Breaks Trendline as Charts Signal a 40% Bullish Wave appeared on BitcoinEthereumNews.com. Key Insights:  ADA breaks trendline on 4H chart, opening a potential bullish wave toward the $0.60 area. Weekly support zone at $0.322–$0.437 holds firm, backed by historical volume and Fibonacci levels. Breakout lacks five-wave confirmation, but upside remains valid while price stays above $0.44 support. ADA Breaks Trendline as Charts Signal a 40% Bullish Wave Ahead Cardano (ADA) has moved above a descending trendline on the 4-hour chart. This line had acted as resistance since early October, with multiple failed attempts to push higher. The breakout took place near the $0.45 to $0.46 level, which was previously capping the price. A clear bullish candle closed above the trendline, supported by a series of higher lows through early December. This pattern suggests that buying strength is returning after a long period of selling pressure. The trendline, once resistance, now flips into a possible support zone. Target Range Points to $0.60–$0.62 According to recent chart projections from ZAYK Charts, the breakout opens the door to a move toward $0.60 to $0.62. This range represents a potential gain of about 30% to 40% from the breakout area. The target is based on a measured move shown directly on the chart. Source:  ZAYK Charts/X The upside scenario remains valid as long as price stays above $0.44. If the move fails, $0.43 and $0.41 are key support levels to watch. Analysts note that a spike in trading volume could support a faster move toward the upper range. Long-Term Support Zone Holds on Weekly Chart On the weekly chart, ADA continues to trade within a broad support area between $0.322 and $0.437. This range includes several overlapping factors: historical price activity, Fibonacci levels, and high-volume nodes. The area has previously served as a base during market pullbacks. The most recent weekly candle shows a bounce near…

ADA Breaks Trendline as Charts Signal a 40% Bullish Wave

2025/12/10 02:56

Key Insights: 

  • ADA breaks trendline on 4H chart, opening a potential bullish wave toward the $0.60 area.
  • Weekly support zone at $0.322–$0.437 holds firm, backed by historical volume and Fibonacci levels.
  • Breakout lacks five-wave confirmation, but upside remains valid while price stays above $0.44 support.
ADA Breaks Trendline as Charts Signal a 40% Bullish Wave Ahead

Cardano (ADA) has moved above a descending trendline on the 4-hour chart. This line had acted as resistance since early October, with multiple failed attempts to push higher. The breakout took place near the $0.45 to $0.46 level, which was previously capping the price.

A clear bullish candle closed above the trendline, supported by a series of higher lows through early December. This pattern suggests that buying strength is returning after a long period of selling pressure. The trendline, once resistance, now flips into a possible support zone.

Target Range Points to $0.60–$0.62

According to recent chart projections from ZAYK Charts, the breakout opens the door to a move toward $0.60 to $0.62. This range represents a potential gain of about 30% to 40% from the breakout area. The target is based on a measured move shown directly on the chart.

Source:  ZAYK Charts/X

The upside scenario remains valid as long as price stays above $0.44. If the move fails, $0.43 and $0.41 are key support levels to watch. Analysts note that a spike in trading volume could support a faster move toward the upper range.

Long-Term Support Zone Holds on Weekly Chart

On the weekly chart, ADA continues to trade within a broad support area between $0.322 and $0.437. This range includes several overlapping factors: historical price activity, Fibonacci levels, and high-volume nodes. The area has previously served as a base during market pullbacks.

The most recent weekly candle shows a bounce near the $0.38–$0.39 zone. This region aligns with the Point of Control, which marks the price level with the most trading volume in the current range. A market analyst stated, “It is still too early to confirm a sustainable low,” indicating that while price has reacted well to support, confirmation of a reversal is still pending.

Next Focus: Long-Term Trendline and Price Structure

ADA still trades below a longer descending trendline drawn from the 2025 high. A move above this line would improve the outlook on higher timeframes. Several Fibonacci extension levels, including $1.47, $1.79, and $2.47, are marked as potential future targets if bullish momentum continues.

Analysts are also watching the lower timeframes for a five-wave advance to confirm a trend reversal. So far, that structure has not appeared. Until then, ADA remains inside a wide support zone, with a short-term breakout in place but larger resistance levels still ahead.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/ada-breaks-trendline-as-charts-signal-40/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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