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START - $0.7648 | FINISH - $1.1128
TRADING PLAN
● Entry point: Look to enter a potential position in the $0.7300 to $0.7648 range.
● Stop loss: Place a stop at $0.6470 to manage risk in case the price breaks below established structural support.
● Take profit: Set profit target at $1.1128, a notable resistance level, representing an anticipated 45.5% upside from the entry range.
WHY THIS CRYPTOCURRENCY HAS POTENTIAL FOR PROFIT
● $71 million treasury funding secured: Cardano’s core developers recently received community approval for 96 million ADA in funding, reinforcing strong governance and sustained ecosystem growth.
● Rising institutional interest: ADA has seen $73 million in institutional inflows, with an 83% chance of ETF approval by October 2025 according to Polymarket predictions.
● Full governance decentralisation achieved: The Chang hard fork and Plomin upgrade completed in January 2025 have enabled full community control, positioning ADA as one of the few truly decentralised Layer-1 blockchains.
● Bitcoin interoperability on the horizon: Development of a Bitcoin bridge will soon enable BTC holders to interact with Cardano’s DeFi applications, potentially unlocking major liquidity and user adoption from the world’s largest cryptocurrency ecosystem.
INDICATORS
A golden cross is forming, a bullish signal that occurs when the 50-day simple moving average (SMA) is about to cross above the 200-day SMA, indicating a potential shift to an upward trend. At the same time, the Bollinger Bands (BB) are tightening, which often precedes a breakout. As the bands begin to widen, it could signal the start of a strong rally.
RISKS
● Regulatory uncertainty: Although there’s an 83% probability of ETF approval, crypto regulation remains unpredictable. Any delay or denial could negatively impact ADA’s price and could affect institutional adoption.
● Crypto market volatility: ADA’s price is still tied to broader crypto market trends and economic conditions. Even with good fundamentals, the token could experience large price swings due to global sentiment shifts.
● Uncertain adoption timeline: While Cardano’s DeFi infrastructure is live, widespread real-world usage and transaction volume growth may take longer than expected. Slow adoption could limit price performance in the short to medium term.
Disclaimer:
* This article was prepared by BROKSTOCK analyst Maboko Seabi
**Any opinions, views, analysis, or other information provided in this article is provided by BROKSTOCK SA trading as BROKSTOCK as general market commentary and should not be viewed as advice according to the FAIS Act of 2002. BROKSTOCK SA does not warrant the correctness, accuracy, timeliness, reliability, or completeness of any information provided by third parties. You must rely upon your judgement in all aspects of your investment decisions, and all decisions are made at your own risk. BROKSTOCK SA and any of its employees shall not be responsible for and will not accept any liability for any direct or indirect loss, including, without limitation, any loss of profit which may arise directly or indirectly from the use of the market commentary. The content contained within the article is subject to change at any time without notice. BROKSTOCK SA is an authorised financial services provider - FSP No. 51404. T&Cs and Disclaimers are applicable: https://brokstock.co.za/
