Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Is Cardano (ADA) Gearing Up for a Bullish Move? Key Fractal Formation Saying Yes!

Is Cardano (ADA) Gearing Up for a Bullish Move? Key Fractal Formation Saying Yes!

CoinsProbeCoinsProbe2025/10/08 18:54
By:Nilesh Hembade

The cryptocurrency market is seeing a notable retracement today after a strong bullish run that recently pushed Bitcoin (BTC) to a new all-time high of $126,000 before slipping back to around $121,000. Meanwhile, Ethereum (ETH) has dropped over 5%, adding short-term pressure across major altcoins, including Cardano (ADA).

Despite being down by over 5% today, ADA’s latest technical structure is starting to show signs of a potential bullish setup — one that may soon mirror Binance Coin’s (BNB) recent breakout rally.

Is Cardano (ADA) Gearing Up for a Bullish Move? Key Fractal Formation Saying Yes! image 0 Source: Coinmarketcap

ADA Mirrors BNB’s Breakout Pattern

A closer look at the weekly chart reveals a striking similarity between ADA and BNB, both of which have followed comparable fractal structures.

Earlier in May 2025, BNB broke out of its downtrend line and experienced a significant surge before retesting its 50-week moving average (MA) as support. That retest led to a powerful rebound — triggering an ongoing rally of more than 118% from its retest point.

Is Cardano (ADA) Gearing Up for a Bullish Move? Key Fractal Formation Saying Yes! image 1 BNB and ADA Fractal Chart/Coinsprobe (Source: Tradingview)

Now, Cardano appears to be repeating the same pattern. ADA has also broken out of its downtrend line, made an initial rally, and is currently undergoing a retracement — testing its own 50-week MA support near $0.7902, the same technical zone from which BNB began its major upward move.

What’s Next for ADA?

If ADA continues to follow the same fractal path as BNB, the current pullback could serve as a springboard for a sharp upward move. The key area to watch is the 50-week MA support ($0.7902) — holding above this level will be crucial for confirming strength.

Additionally, the RSI indicator is showing a developing bullish crossover signal. ADA’s RSI line (currently at 54.19) needs to cross above its moving average line (56.10) for confirmation of renewed momentum. Once confirmed, the next potential target could be near $1.70, aligning with the recent fractal projection.

Of course, fractals aren’t guarantees — they represent historical patterns that sometimes repeat, but not always. However, the resemblance between ADA’s current structure and BNB’s previous rally is too close to ignore.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Amid Investigation, Major Crypto Firms Contribute $32 Million to Hong Kong Fire Recovery Efforts

- Binance and crypto firms donated HK$32 million to aid Hong Kong fire victims, marking the industry's largest disaster relief effort. - The deadly Tai Po blaze killed 128 people, sparking debates over unsafe bamboo scaffolding and building safety reforms. - Crypto donations highlight the sector's growing humanitarian role, supported by Hong Kong regulators and public sentiment. - Funds will address immediate rescue needs and long-term reconstruction, reinforcing crypto firms' image as socially responsible

Bitget-RWA2025/11/29 10:04
Amid Investigation, Major Crypto Firms Contribute $32 Million to Hong Kong Fire Recovery Efforts

Silicon Valley's surge in baby technology faces challenges related to affordability, ethical concerns, and unequal access

- Silicon Valley's AI-driven biotech sector is accelerating growth in the U.S. artificial insemination market, projected to expand from $0.76B to $1.41B by 2033. - Financial barriers persist as limited insurance coverage forces patients to pay full treatment costs, hindering market accessibility according to 2025 analysis. - Tech giants like Synopsys and ABVC BioPharma are advancing AI tools and domestic pharmaceutical development to optimize reproductive technologies and supply chains. - Fertility clinics

Bitget-RWA2025/11/29 09:44
Silicon Valley's surge in baby technology faces challenges related to affordability, ethical concerns, and unequal access

Transferring Cryptocurrency Assets into Conventional Home Loans: Australia’s Pioneering Unified Solution

- Australia's first crypto-focused mortgage service, Mortgage On Chain, partners with Tax On Chain to provide integrated mortgage and tax advice for digital-asset holders. - The service helps investors secure traditional home loans by managing crypto portfolios and tax obligations without offering crypto-backed lending products. - It addresses gaps in traditional lending criteria for younger crypto investors while aligning mortgage applications with standard banking requirements and tax frameworks. - The c

Bitget-RWA2025/11/29 09:44
Transferring Cryptocurrency Assets into Conventional Home Loans: Australia’s Pioneering Unified Solution

Opportunities for Revitalizing Post-Industrial Sites: A Strategic Perspective on Webster, NY

- Webster , NY, is transforming a 300-acre brownfield into a high-tech industrial hub via a $9.8M FAST NY grant, boosting advanced manufacturing and logistics. - Projects like the $650M fairlife® dairy facility and Xerox Campus redevelopment highlight strategic focus on job creation and mixed-use development, supported by tax incentives and infrastructure upgrades. - Proximity to Buffalo’s port, 2% industrial vacancy rates, and ESG-aligned remediation efforts position Webster as a logistics and real estate

Bitget-RWA2025/11/29 09:26
Opportunities for Revitalizing Post-Industrial Sites: A Strategic Perspective on Webster, NY