Cardano to $0.53? Recovery Hinges on This Key ADA Level

TL;DR

Cardano's price is currently testing a critical support level at $0.25, which could lead to a potential rise to $0.53 if it holds. Historical data shows significant rebounds from this level in the past.

Key points

Cardano is testing a critical support level at $0.25
Historical rebounds from $0.25 include an 88.27% rally in January 2023
Traders are watching for a potential rise to $0.53

In a recent tweet, Ali, a crypto analyst, highlighted key support for Cardano, with price eyeing a potential move to $0.53 if sustained.

Alicharts highlights $0.25 as a critical support level for Cardano. Citing his analysis of the Cardano monthly chart, Ali stated that the $0.25 floor had acted as a launchpad for significant rebounds on two instances.

$0.25 is a critical support level for Cardano!

In my analysis of the monthly chart, this floor has acted as a launchpad for significant rebounds on two major occasions:

• January 2023: $ADA bounced off $0.25, resulting in a 88.27% rally over the following weeks.
• September… pic.twitter.com/COknFMkG3H

— Ali Charts (@alicharts) May 9, 2026

The first was in January 2023 when ADA bounced off the $0.25 level, resulting in an 88.27% rally over the following weeks. The second was in September 2023, when the $0.25 level held as firm support, resulting in a 243% price increase.

Cardano is once again testing the $0.25 support, with traders now watching to see a repeat or rhyme of history with potential to reach $0.53 if validated.

Ali highlighted Cardano's potential trajectory to $0.53 if this particular scenario plays out. A move back to $0.36 will eye a secondary macro target at $0.53, Ali stated. However, if Cardano fails to hold $0.25, it would signal a deeper regime change and open the door for a more significant correction.

At the time of writing, ADA was up 5.02% in the last 24 hours to $0.272 and up 11% weekly. Risk appetite spilled deeper into crypto markets as stocks pushed to fresh record highs, lifting altcoins higher.

Friday's U.S. labor market data contributed to the price increase with the economy adding 115,000 jobs in April, above expectations for 62,000, while the unemployment rate held steady at 4.3%.