Overview

• ADA trades near $0.83 after repeated defenses of the $0.75–$0.80 support band in recent weeks.
• Charts show a completed breakout from a descending wedge, with $0.85 and then $0.95 flagged as the next resistance levels.
• Analysts cite an inverse head-and-shoulders with a neckline near $0.90 and project a potential move toward $1.20–$1.27 if resistance breaks.
• Higher-timeframe views highlight breakout thresholds around $1.18–$1.20 that, if cleared, could validate targets toward $2.50 to $3.00, with some projections extending to $4.00.
• eToro’s launch of Cardano staking in the U.S., reported as reaching about 40 million users, and TapTools’ data showing stablecoin liquidity above $40 million are cited as demand and on-chain support signals.