Cardano Breaks Long-Term Downtrend as Higher Highs Put $0.25 in Focus
Cardano's price is showing signs of recovery after breaking its long-term downtrend. The ADA cryptocurrency has been trading near $0.20, down approximately 1.10% over the past 24 hours, according to data from Brave New Coin.
The chart shows Cardano approaching major descending resistance after recovering from its June lows. A decisive breakout above $0.22-$0.24 would strengthen the bullish case and shift attention to $0.25, then the wider $0.30 region.
A shorter-term structure has already shown a noticeable improvement, with Cardano producing another fresh higher high after clearing the previous resistance around $0.20. This sequence of higher highs is an important change from the bearish structure seen earlier in the year.
The broader three-day chart also shows Cardano price attempting to break above the descending trendline that has guided the market lower since late 2025. Recovering that zone would mark a much more important reversal because it previously acted as support before the final leg lower.