Cardano – Price is building up to $ 2 target with bulls that $ 0.83 Line Test – Blockonomi

TLDR:

• Cardano price Acts near $ 0.775, where bulls repeatedly test $ 0.83 resistance.
• Ada’s support of $ 0.70 has established and has been higher lows since June 2023.
• A breakout above $ 0.83 could send Cardano to the goals of $ 1 and $ 2.
• Weekly card consolidation suggests a strong potential for a large price movement.

The Cardano market has been cited. Traders look closely at the weekly card, looking for the moment when the price breaks freely.

The cryptocurrency is stuck between a solid level of support and a stubborn resistance line. This setup has been holding for months, but the momentum is shifting. Bulls believe that a decisive movement can be close.

ADA -Price Test REAST ON $ 0.83

According to Coingecko market data, Cardano acts almost $ 0.775 after a decrease of 5.6% in the last 24 hours. Despite the dip, it remains 3.83% higher than last week.

The graph shared by market analyst, the cryptomist, shows Ada who insists against a falling trendline. This trendline has closed accumulated movements since a price peak of 2023.

The resistance is approximately $ 0.83 and buyers have repeatedly tested it. Below has kept support for $ 0.70 steadily, giving Bulls a platform to push higher. Price promotion shows higher lows that have been formed since June 2023, which suggests that accumulation.

Market guards note that this pattern causes pressure against the resistance. If buyers break $ 0.83, the path to the level of $ 1 becomes clearer. Up there, Momentum could stimulate the price On the way to the purpose of $ 2 that is marked in the analysis of the cryptomist.

Cardano -Price Support for $ 0.70 remains sturdy

The level of $ 0.70 has acted as a strong basis in recent months. Even during broader market tractors, Ada kept it above. This kept Bullish sentiment alive and gave the trust of the traders to buy dips.

$ Ada

Here is the #Ada Weekly graph.
Higher the time frame, greater the outbreak.

Bulls right.
Suspicious door opens at the next knock.

Target brings us almost $ 2 https://t.co/e52drcktwf pic.twitter.com/sbyr3fkszy

– The Cryptomist (@TheCryptomist) August 11, 2025

The higher lows since mid -2023 show that buyers withdraw earlier during pullbacks. This reduces the risk of Deeper drops and builds Pressure against resistance. Many traders regard such an arrangement as a sign of strength for an outbreak.

However, current consolidation means that patience is still needed. A failed attempt at $ 0.83 could send ADA back to the support zone. For now, the balance between support and resistance keeps the market in a tight reach.

Breakout can push the price from Cardano to $ 2

If Ada breaks the barrier of $ 0.83, analysts expect a quick movement to $ 1. This level can yield the sales pressure, but a persistent push can open the road to $ 2. That target corresponds to historical trading ranges and psychological price points.

The greater period of time of the weekly graph increases the outbreak potential. Traveling on this scale often bears more weight, while long -term traders intervene. The vision of the cryptomist is that the next bullish push could be that knew resistance.

For the time being, the next direction of Ada depends on or bulls can deliver the outbreak or that resistance applies again. Traders remain alert when the reach becomes tighter, knowing that there will probably be a movement soon.