⚡ Bullish ADA Chart Analysis & Tomorrow’s Expectations

⚡ Bullish Chart Analysis & Tomorrow’s Expectations

🟢 Latest Technical Overview

Cardano (ADA) is currently trading around $0.80, having recently tested a local high above $0.82, with strong momentum still in play. Open Interest has surged to near an all-time high at $1.44B, showing elevated bullish sentiment among futures traders.

A Golden Cross is forming between the 50-day and 200-day EMAs, while the RSI exceeds 70, indicating overbought conditions and a strong uptrend.Short- to mid-term continuation of the bullish trend appears highly likely.

🗳️ Trump’s Policy Push Fuels Momentum

Former President Donald Trump has signaled imminent approval of the GENIUS, CLARITY, and Anti-CBDC Acts, setting a bullish tone across Bitcoin and altcoin markets.A vote is expected tomorrow (July 17). Should the bills pass, they could solidify a regulatory framework, driving stronger institutional and investor confidence in the crypto space.

🚀 Short to Mid-Term Price Scenarios

Scenario	Outcome
Bullish Breakout	If ADA breaks above $0.82, a rapid climb toward $0.90–$1.00 becomes likely, fueled by ETF speculation and favorable regulation.
Healthy Correction	If the legislation is delayed or markets react negatively, expect a pullback to the $0.78–$0.80 range before the next leg up.
Long-Term Outlook	With successful legislation and improved market sentiment, ADA may expand its range toward $1.05–$1.15 by year-end.

💡 Recommended Strategies

• Short-Term Traders:Watch for a breakout above $0.82 → consider entry with a target of $0.90 and stop loss near $0.78.

• Mid to Long-Term Holders:Accumulate during pullbacks in the $0.78–$0.80 zone while monitoring policy progress.

• Risk Management:Remain cautious of potential delays in legislation or a broader BTC correction. Consider taking partial profits or reducing exposure if needed.

  
  

🔭 Summary Outlook

If Trump’s crypto-friendly bills pass, ADA could see not only a short-term surge, but also a structural bullish shift in the longer term.Technical indicators already show a strong setup. A clean breakout above $0.82 could unlock a move back to $1.00 and beyond.The dream of ADA over $1 is no longer out of reach—it might just be around the corner.