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Cardano’s ADA stirred the market with an explosive 50% rally in just 24 hours, reclaiming $1 since January 22nd, 2025. The price surge comes as speculation builds for ADA’s role in the newly proposed U.S. Crypto Strategic Reserve.
With bullish momentum accelerating, traders wonder: Can ADA sustain its uptrend and push toward the $3 mark by March 4?
ADA’s Catalysts and 300% Gains
Market analysts suggest Cardano’s impressive rally is fueled by key macroeconomic catalysts. According to market sources, U.S. President Donald Trump announced the Crypto Strategic Reserve to include Solana (SOL), XRP, and ADA, in addition to Bitcoin.
There is also talk that Cardano may be integrated into this reserve, enabling Bitcoin transactions while using ADA’s gas fee. This development could significantly boost ADA’s utility, driving its adoption at a much larger scale.
In addition, speculation is rife of a partnership between ADA and Hedera Hashgraph (HBAR) on a next-generation stablecoin project. The collaboration would lead to an automated yield generation, further fueling investor enthusiasm.
Market observers now see ADA as an easy 3x trade, anticipating that it could repeat its historical rally of 300% gains within weeks during previous bull cycles.
Related: Cardano Price Prediction — March: ADA Outlook After DraperU Partnership News
ADA Price: Resistance and Support Levels
The 1-day chart suggests ADA’s bullish trend is facing resistance near $1.17, with a minor retracement bringing it back under $1.
Technical indicators show mixed signals—while the Chaikin Money Flow (CMF) remains positive at 0.35, suggesting strong buying pressure, the MACD histogram shows signs of weakening momentum.
With no imminent bearish crossover in sight, traders should watch out for declining volume to confirm a potential consolidation before another leg up.
Related: Cardano Price Plunge: Is ADA Nearing Its Low, or Will It Fall Further?
If ADA manages to hold above the $0.98 support, another push toward $1.20 is possible. However, if the market loses steam, a fall to $0.85 could be in the cards. Given historical price movements, ADA’s trajectory remains optimistic as long as Bitcoin maintains its stability above key levels.
For now, all eyes remain on whether ADA can sustain its momentum and break through resistance.
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