Cardano's $0.756 Support Could Ignite ADA or a New Contender's Rise

Cardano (ADA) has surged 148% in the past year, according to CoinGecko data, despite experiencing a decline at the start of September 2025. The cryptocurrency currently trades at a level 73.43% below its all-time high of $3.10, set on September 2, 2021. This suggests that ADA still has considerable room for upward movement if it can overcome key price resistance levels. The Cardanians, a prominent Cardano community account, highlighted on X that ADA has outperformed major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB, and Dogecoin (DOGE) over the last 12 months [2].

The price of ADA has been fluctuating near critical support and resistance levels. It has tested a key support level at $0.756, with analysts noting that a successful defense of this area could push the token toward $0.856. However, a breakdown below $0.756 would likely trigger a decline to $0.713 or even $0.700. Traders and investors are closely monitoring this price action, as it determines the short-term trajectory of ADA. Technical indicators such as Fibonacci retracements and Elliott Wave theory further underline the significance of the $0.756 level [1].

Immediate resistance for ADA lies at $0.8274, which aligns with the 50-day Simple Moving Average (SMA). If bulls manage to push the price above this level, the next target will be $0.84. A failure to maintain gains at this level could result in a drop to as low as $0.68, though short-term support is expected around $0.72. To reach $1, ADA will need to break through key resistance zones in the $0.96 to $0.987 range. These thresholds are seen as critical for Cardano’s long-term bullish case [2].

While ADA is in a consolidation phase, investors are also showing growing interest in alternative cryptocurrencies, particularly those with strong presale momentum. One such project is Mutuum Finance (MUTM), which is in its sixth phase of a token sale. MUTM is currently priced at $0.035 per token, with a 250% increase from its initial offering price of $0.01. The project has raised $15.22 million so far and has attracted over 15,880 token holders. Phase 7 will see the price rise to $0.04, and the token is expected to list at $0.06, offering potential gains of 300–500% for early buyers [1].

Mutuum Finance is also strengthening its ecosystem with the introduction of an overcollateralized stablecoin system and a leaderboard dashboard that rewards top token holders. These features are designed to promote long-term holding and reinforce demand during volatile market conditions. In addition, the project has undergone a CertiK audit and maintains a 95.00 security score, reinforcing investor confidence. A $100,000 giveaway and a bug bounty program further demonstrate the project's commitment to community engagement and security [1].

As Cardano (ADA) remains under pressure to break through key resistance levels, Mutuum Finance (MUTM) is gaining traction as a potential high-growth cryptocurrency. With its strong presale performance and expanding ecosystem, MUTM is being positioned as a possible contender for significant price appreciation in the near term. While ADA’s future depends on maintaining and building upon current support, MUTM’s growing adoption and structured growth model are drawing increasing attention from investors seeking exposure to emerging projects in the crypto space [1].

Source: [1] Cardano's (ADA) $0.756 Support Could Unleash Explosive Rally But This $0.035 Token Could Be The Next Crypto To Pump (https://www.cryptopolitan.com/cardanos-ada-0-756-support-could-unleash-explosive-rally-but-this-0-035-token-could-be-the-next-crypto-to-pump/) [2] Cardano (ADA) 148% Rise As September Begins In Red (https://u.today/cardano-ada-148-rise-as-september-begins-in-red-can-rally-last)