Cardano News on July 4, 2025: Market Analysis and Bullish Outlook

Cardano on July 4, 2025, at $0.608, shows upward momentum. ETF hopes and network growth drive the trend.

As of July 4, 2025, Cardano is trading at approximately $0.608, with a 6% increase over the past 24 hours. This price surge is driven by speculation around a potential Cardano ETF approval and ecosystem advancements. Technical analysis indicates the formation of a triple bottom pattern, suggesting an imminent upward move. Technically, Cardano is testing the key resistance level at $0.620. Critical support lies between $0.582 and $0.590, which have recently acted as price reversal zones. The RSI, hovering around 43.12, shows recovery from oversold conditions and emerging bullish momentum. Rising trading volume, particularly following ETF news, reflects strong market interest. Fundamentally, the likelihood of a Cardano ETF approval by the SEC in 2025 has surged to over 86%. This could attract significant institutional investment. Additionally, ecosystem advancements, such as integration with the Brave browser and growing activity in DeFi and NFTs, have bolstered Cardano’s value. On-chain data indicates over $932 million in ADA withdrawn from exchanges, resembling accumulation trends seen in 2021. However, caution is warranted. A decline in on-chain activity, with daily transactions dropping to around 20,600, may signal reduced demand for decentralized applications. Macro market volatility, such as recent Federal Reserve interest rate decisions, could also impact prices. A concentration of Cardano’s supply around $0.58 could lead to a drop to $0.52 if support fails. For investors, a breakout above $0.620 could signal a buying opportunity, while a drop below $0.582 may lead to a deeper correction toward $0.55. Risk management through stop-loss orders and monitoring regulatory news and on-chain activity is crucial. Overall, Cardano’s short-term outlook is bullish, but traders should remain cautious about technical levels and evolving fundamentals. Will Cardano reach higher levels in July 2025? Factors like ETF approval and ecosystem growth will shape the answer.