Cardano outperformed the rest of the major cryptocurrencies with a 7% surge. At the time of writing, ADA was trading at $0.37, having reached an intraday high of $0.376 after rising for two straight days since Dec. 26. Cardano has reversed a three-day drop in the past week spanning from Dec. 23 to 25 as traders turned risk-off in quiet pre-holiday trading.
Thin liquidity and position resetting into late December have amplified moves around obvious technical levels, with the crypto market now anticipating an end-of-the-year breakout. Crucial resistance levels lie ahead of bulls in order to secure the much-needed breakout: $0.427, which coincides with the daily MA 50, and the daily MA 200 at $0.665. Support lies at $0.34.
According to CoinGecko, Cardano is down 57.3% on a one-year basis. 2025 may end with prices in the red, the year still pulled in real institutional adoption and set the groundwork for 2026’s next phase of real activation. With just three days to the close of 2025, expectations still remain for last-minute market moves.
The market is still on the lookout for a “Santa Claus” rally, which would allow prices to rise in the last five trading days of the year and the first two of the new one. However, time seems not to be on the side of the bulls, with Cardano down 10.97% so far in December, poised for its fourth red month since August.
Leave a Reply