Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Cardano's price may rally to $0.42 as key technical indicators turn bullish, says analyst.

Technical Signals
14 May 2026
Benzinga
View Source
Bullish
pluang ai news

A leading cryptocurrency analyst highlighted a bullish signal for Cardano (ADA) based on the SuperTrend indicator, which previously predicted a major price drop. The analyst forecasts a potential rally to $0.33 with a secondary target of $0.42, provided the $0.25 support level holds. Additional technical indicators like the Bull Bear Power and MACD also support a positive outlook. This optimism comes amid broader crypto market stagnation and ahead of a Senate vote on the Clarity Act, which could clarify crypto regulations.

More News (ADA)

Cardano's SuperTrend turns bullish, signaling potential price rise above $0.25 support.

Cardano's SuperTrend turns bullish, signaling potential price rise above $0.25 support.

Cardano (ADA) shows signs of a bullish reversal as its SuperTrend indicator flipped to a buy signal after a previous 73% price drop. Key technical indicators like RSI and MACD suggest improving momentum, with $0.25 acting as critical support. Large h...

Technical Signals
Bullish
5 hours ago
Cardano rallies 11% in May on US law update and big holder buying

Cardano rallies 11% in May on US law update and big holder buying

Cardano (ADA) has gained 11% in May 2026, trading near $0.27–$0.28, driven by a US legislative update that no longer classifies ADA as a security and strong accumulation by large holders controlling 67.47% of circulating supply. The revised CLARITY A...

Market News
Bullish
7 hours ago
Cardano defends long-term scaling strategy, prioritizing governance and security over quick fixes.

Cardano defends long-term scaling strategy, prioritizing governance and security over quick fixes.

Cardano founder Charles Hoskinson refuted claims that the blockchain abandoned scaling for governance, emphasizing a long-term, research-driven approach to scalability. He highlighted ongoing work on layer-2 solutions, the eUTXO model, partner chains...

Protocol Fundamentals
Bullish
11 hours ago
Fireblocks enables institutions to stake ADA and participate in Cardano governance via integrated platform.

Fireblocks enables institutions to stake ADA and participate in Cardano governance via integrated platform.

Fireblocks has integrated its RAW signing technology with Iagon’s enterprise Cardano nodes and Insights API, allowing approved institutional clients to create and sign custom ADA and Cardano Native Token transactions securely within Fireblocks’ MPC f...

Protocol Fundamentals
Bullish
19 hours ago
Smartphones may offer better crypto security than traditional hardware wallets, says Cardano's Hoskinson.

Smartphones may offer better crypto security than traditional hardware wallets, says Cardano's Hoskinson.

Charles Hoskinson, co-founder of Cardano and Ethereum, argues that modern smartphones with advanced secure chips can provide stronger protection for digital assets than traditional hardware wallets like Ledger or Trezor. He highlights that most users...

Protocol Fundamentals
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App