Bitcoin News Today: ADA's Bullish Riddle: Can Cardano Break $0.85 and Reclaim Momentum?

Cardano’s price continues to draw attention amid a broader market consolidation phase. As of September 7, 2025, ADA is trading at $0.82, showing resilience following a strong bounce in August. Analysts and market observers are closely monitoring key technical levels that could determine the asset’s next move. Immediate resistance lies between $0.83 and $0.85, with the 50-day Simple Moving Average (SMA) at $0.83 and a horizontal price barrier reinforcing this threshold [1]. If ADA breaks above this level, it could potentially push toward $1.00, with further upside potential to $1.20 should momentum continue [1].

Key support levels include the 200-day SMA at $0.72 and a deeper safety net at $0.62. A critical downside risk is $0.55, a strong support level from earlier in the year [1]. The Relative Strength Index (RSI) currently sits around 49, indicating neutral momentum and a lack of overbought or oversold conditions, which suggests ADA may be poised to swing in either direction depending on broader market cues [1].

Bitcoin’s performance remains a key factor in determining ADA’s trajectory. BTC is holding steady above the $110,000 level, signaling that support is forming after pulling back from highs near $120,000. Historically, periods of Bitcoin consolidation have often preceded liquidity rotations into altcoins, potentially igniting fresh rallies [1]. As long as BTC maintains its position above $110K, altcoins like ADA could find room to test higher levels [1].

On-chain data has also provided a bullish signal. Funding rates have turned positive, with the OI-Weighted Funding Rate on Coinglass registering a positive 0.0079% on September 2. This suggests that longs are paying shorts, reflecting a growing bullish sentiment among ADA traders. Additionally, the ADA stablecoin market capitalization has reached a record high of $40.37 million, indicating increased network activity and potential user adoption [2].

Technical analysis on the 4-hour chart confirms a bullish pattern breakout, with ADA breaking above a falling wedge. This pattern, formed by connecting multiple high and low levels from August 14, favors the bulls. If the upward momentum continues, ADA could extend its rally toward the 61.8% Fibonacci retracement at $0.92. The RSI on the 4-hour chart reads 58, above its neutral level of 50, while the MACD indicator also showed a bullish crossover [2].

However, the path forward is not without risks. A failure to clear $0.85 could result in a pullback to the $0.72–$0.73 zone, and further declines could test the 100-day EMA at $0.77. The broader market remains in a consolidation phase, with the total crypto market cap stalling just below the $4 trillion mark after peaking in mid-August [1]. This sideways movement could either precede larger breakouts or lead to further volatility, depending on global conditions and risk appetite.

Source: [1] Cardano Price Prediction: Can ADA Hold Its Ground Above $0.80? (https://cryptorank.io/news/feed/94643-cardano-price-prediction-september-2025) [2] Why could ADA rally this week? (https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-bulls-reclaim-control-with-ada-eyeing-higher-levels-202509080523)