Cardano Nears $1 on Boost from XRP Integration
- Cardano Could Surpass $1 With XRP Support
- ADA withdrawal from brokers indicates accumulation
- Cardano DeFi activity surges over 21%
The cryptocurrency market started the week on a positive note, after days of low volatility. Bitcoin returned to trading close to US$ 110 thousand, while Cardano (ADA) stood out with a 3,8% appreciation in the last 24 hours, being quoted at US$ 0,767 at the time of publication.
Recent CoinDCX Data indicate that ADA could range between $0,66 and $1,88 by the end of 2025. Some experts go further and project a possible appreciation of up to $2,36. For the cryptocurrency to advance towards the $1 mark, it is essential that the price overcomes the resistance range between $0,85 and $0,90 and maintains support above $0,83.
On the other hand, a drop below $0,76 could indicate a pullback, with possible support at the $0,75 and $0,70 levels.
From a technical perspective, Cardano’s indicators show a relatively stable picture. The MACD is showing a slight downtrend, while the RSI index remains neutral at 53. The short- and medium-term moving averages (10, 20, 30, 50, and 100 days) indicate an upward movement. The only exception is the 200-day average, which remains as long-term resistance.
The expectation of the launch of ADA ETFs next year also contributes to market optimism. In recent days, around US$1 billion in ADA has been withdrawn from brokerages, suggesting accumulation by investors and confidence in future appreciation.
Network activity is also brisk. According to data from DeFiLlama , Cardano’s Total Value Locked (TVL) has risen by over 21% since the beginning of April, a direct reflection of technical upgrades that have made the blockchain more efficient and interoperable.
The potential integration of RLUSD, a fee-free stablecoin from the XRP ecosystem, into the Cardano network, proposed by founder Charles Hoskinson, has been seen as a strategic move. This ongoing partnership between Cardano and Ripple could generate new liquidity flows and increase ADA’s visibility in the market.
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.
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