{"id":162570,"date":"2025-07-13T18:00:40","date_gmt":"2025-07-13T15:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162570"},"modified":"2025-07-13T16:29:19","modified_gmt":"2025-07-13T13:29:19","slug":"cardano-surges-past-0-74-is-a-1-rally-next","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cardano-surges-past-0-74-is-a-1-rally-next\/","title":{"rendered":"Cardano Surges Past $0.74 \u2014 Is a $1 Rally Next?"},"content":{"rendered":"<p>On July 13, ADA broke decisively above the $0.74 resistance level\u2014a barrier that had held since May\u2014signaling a potential trend reversal. The breakout triggered algorithmic buying and a cascade of short liquidations, helping the price jump over 27% for the week.<\/p>\n<p>According to crypto analyst Ali Martinez, Cardano is now \u201cbreaking through a key resistance level, opening the door for a rally to $0.90\u2013$1.20.\u201d His <strong><a href=\"https:\/\/x.com\/ali_charts\/status\/1944185254027116983\" target=\"_blank\" rel=\"nofollow\">chart<\/a><\/strong> shows ADA escaping a months-long downward channel, which had constrained the asset since early 2024. The breakout marks a shift in market structure and could signal the beginning of a new uptrend.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-162571\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GvnPhgPW0AAmyzG.jpeg\" alt=\"\" width=\"1200\" height=\"799\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GvnPhgPW0AAmyzG.jpeg 1200w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GvnPhgPW0AAmyzG-300x200.jpeg 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GvnPhgPW0AAmyzG-1024x682.jpeg 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GvnPhgPW0AAmyzG-768x511.jpeg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<h2>Treasury proposal adds fuel to rally<\/h2>\n<p>Cardano\u2019s ecosystem momentum received a boost after IOG proposed converting $100 million worth of ADA from the community treasury into Bitcoin and stablecoins to fund DeFi development. The controversial yet forward-looking move sparked intense debate but ultimately signaled proactive treasury management.<\/p>\n<p>Charles Hoskinson, Cardano\u2019s founder, reinforced community confidence with a mocking response to bearish critics on X, just days after the proposal. ADA held its gains post-announcement, indicating market support for the initiative.<\/p>\n<h2>Broader market sentiment aligns<\/h2>\n<p>Cardano\u2019s breakout coincides with Bitcoin\u2019s surge past $118,000, lifting sentiment across major altcoins. ADA\u2019s 24-hour trading volume stood at $1.43 billion, despite a 36% dip from the prior day, suggesting a shift from speculative churn to longer-term accumulation.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/binance-founder-says-bloombergs-usd1-report-is-false-threatens-lawsuit\/\" title=\"Binance Founder Says Bloomberg\u2019s USD1 Report is False, Threatens Lawsuit\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/changpeng-cz-zhao-binance-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Binance Founder Says Bloomberg\u2019s USD1 Report is False, Threatens Lawsuit<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The asset\u2019s market cap has now surpassed $26 billion, securing its position as the 10th-largest cryptocurrency by value. With a circulating supply of 35.38 billion ADA, traders are eyeing further upside if momentum sustains above the $0.74 pivot.<\/p>\n<h2>Outlook<\/h2>\n<p>If ADA maintains support above $0.74, next upside targets include $0.90 and $1.00, with resistance expected near $1.20 based on Martinez\u2019s Fibonacci projections. A return of network activity and institutional confidence could help sustain the rally, especially if Bitcoin stabilizes above its all-time highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) climbed 3.8% over the past 24 hours, reaching $0.736, as a combination of technical breakout, Bitcoin momentum, and a high-profile treasury move from Input Output Global (IOG) fueled bullish sentiment.<\/p>\n","protected":false},"author":7,"featured_media":104912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,71],"class_list":["post-162570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-stablecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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