{"id":27410,"date":"2026-03-17T10:35:00","date_gmt":"2026-03-17T10:35:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27410"},"modified":"2026-03-17T12:01:09","modified_gmt":"2026-03-17T12:01:09","slug":"cardano-ada-buy-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/cardano-ada-buy-analysis\/","title":{"rendered":"Cardano (ADA) soars 10%: Should You buy now?"},"content":{"rendered":"\n
Currently trading in a price zone between $0.28 and $0.29<\/strong>, the native token of the Cardano blockchain has surprised investors with a lightning-fast surge. Within 24 hours, trading volume jumped by more than 144%, reaching $839 million. This momentum allowed ADA to significantly outperform its direct competitors within the top 10, although it remains very far from its ATH<\/strong>.<\/p>\n\n\n\n However, the data reveals a more nuanced reality about the market’s state. According to recent metrics, sentiment around Cardano<\/a> stagnates at 25%, one of the lowest levels among the top 100 market capitalizations in the crypto space. This distrust is partly explained by large wallet activity: whales massively reduced their positions just before this surge, introducing latent selling pressure.<\/p>\n\n\n\n From a technical perspective, Cardano’s recent movement resembles a breakout<\/strong> above the key resistance<\/strong> of $0.27. This break, supported by a massive increase in volumes, triggered significant liquidations in the derivatives market. Data shows nearly $23.79 million in long positions liquidated against $12.28 million for shorts, proving the asset’s strong volatility.<\/p>\n\n\n\n If buyers manage to maintain the price above the immediate support<\/strong> of $0.27, a new rally<\/strong> toward the $0.33 zone is conceivable. The liquidation map indicates numerous shorts to be liquidated between $0.33 and $0.4<\/strong>.<\/p>\n\n\n\n Conversely, if selling pressure from whales intensifies, a rapid correction<\/strong> could bring the price back to its lower support<\/strong> levels, around $0.26. The lack of widespread optimism suggests this rebound could be just a flash in the pan before another severe retracement<\/strong>.<\/p>\n\n\n\n Cardano’s current situation perfectly illustrates the crypto market paradox: a spectacular price increase that masks underlying fragility. While ADA’s market capitalization barely maintains its lead over emerging competitors like Hyperliquid<\/a> (HYPE), the battle between retail buyers and whales promises to be decisive.<\/p>\n\n\n\n To validate a genuine bull run<\/strong>, Cardano must imperatively transform the resistance<\/strong> at $0.3 into solid support<\/strong> and reverse the bearish<\/strong> sentiment weighing on its ecosystem. If it maintains $0.3 as support, a rise toward $0.5 becomes possible. The coming days will be crucial in determining whether this 10% increase marks the beginning of a sustainable trend or if it’s simply a bull trap orchestrated by large wallets.<\/p>\n\n\n\n Investors will need to closely monitor on-chain data, as well as the evolution of the RSI<\/strong> and MACD<\/strong>, to anticipate the next major move. In this context of technical and fundamental uncertainty, one question burns on traders’ lips: is this the right time to accumulate Cardano before another explosive upward move?<\/p>\n\n\n\nCan Cardano trigger a rally after this breakout?<\/h2>\n\n\n\n
<\/figure>\n\n\n\nHow far can Cardano (ADA) price go?<\/h2>\n\n\n\n
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