Cardano (ADA) is hovering at $0.71, but the weekly structure that veteran chartist Maelius (@MaeliusCrypto) published on X suggests that the lull may be only a pause before the next leg higher. The analyst’s chart compresses seven years of ADA/USD history into one pane and shows that – despite a 45 % retracement from the late-2024 peak – the coin has not violated the rising dashed trend-line that has connected every cycle low since the 2020 Covid panic.
Cardano Price Ready For Liftoff?
In fact, the most recent dip stopped inside a long-standing demand band that now stretches from roughly $0.57 to $0.78 and immediately printed a textbook higher low (HL) while never closing a week beneath that dynamic support. Price action is again trading
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