Recent market analysis indicates that Cardano (ADA) may be positioned for further upward movement following its year-to-date gains. The cryptocurrency has advanced by over 23% in early 2026, reflecting a broader recovery across the digital asset market. A January 6 analysis on TradingView by a pseudonymous commentator highlights two primary factors supporting a potential continuation of this rally. ADA Maintains Critical Support Levels A central factor in the bullish outlook is ADA’s ability to hold a multi-month demand zone near $0.35. This area has acted as a strong support level since December 2025, cushioning the cryptocurrency during periods of weakness and facilitating subsequent upward bounces. According to the analysis, Cardano recently rebounded from this zone to reach $0.40 before experiencing a minor correction. The commentator notes that although ADA broke below an ascending channel in November 2025 during a bearish phase, the long-term support near $0.35 has remained intact. Multiple technical indicators in this area suggest a high probability of further upward momentum, indicating that the cryptocurrency could aim for significantly higher price levels if the support holds. Liquidity Clusters Suggest Further Gains The analyst also highlighted visible liquidity clusters above ADA’s current price, which often act as short-term magnets for asset movement. These clusters represent areas where orders accumulate, and market participants frequently drive prices toward these levels before executing larger moves. In this context, the analysis predicts that Cardano is likely to continue its advance to capture these liquidity pockets. The commentator also identified the specific price ranges for potential take-profit targets: the first at $0.44, followed by $0.50 to $0.55, and $0.60 to $0.65. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The analysis also identifies a maximum target range between $0.73 and $0.78, which represents roughly a 78% to 90% increase from current trading levels. The analyst cautions that a drop below $0.245 would invalidate the bullish thesis, as this would break the structural support of the channel and suggest a weakening of the overall trend. Dependence on Broader Market Stability Cardano’s potential upside is closely linked to the performance of Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization. Significant declines in these assets could limit ADA’s ability to sustain gains. Additionally, the analysis notes that Cardano could benefit from capital rotation within the altcoin market. Recent trends indicate that layer 1 tokens and large-cap cryptocurrencies have outperformed Bitcoin, creating favorable conditions for investors to shift toward assets like ADA in search of higher returns. Cardano’s ability to hold critical support near $0.35 and its proximity to key liquidity clusters support the case for further price appreciation. The outlined take-profit levels, combined with careful attention to market conditions in Bitcoin and Ethereum, provide a framework for evaluating ADA’s potential rally. While risks remain, the technical setup suggests that Cardano could continue targeting higher prices from current levels if structural support and broader market stability persist. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Cardano (ADA) Set to Explode. Analyst Sets Bullish Price Targets appeared first on Times Tabloid .
