Cardano's ADA Extends Rally by 30% as Price Breaks Key Fibonacci Level

Cardano's ADA has rallied roughly 30% over the past week, and its price is now near $0.26009.

This bullish momentum comes after Cardano broke through the 0.786 Fibonacci level at $0.25626 for the first time since May.

The break matters technically because price had failed at this exact zone once before, reversing into a deep pullback toward $0.138.

Every major EMA now sits below price, creating a fully bullish EMA stack that includes the 200-day average for the first time in months.

Cardano's next real test above current price is the full retracement level at $0.28846, where ADA's May rally ran out of steam.