Cardano (ADA) Surges 13% to $0.436 Amid Bullish Technical Signals

Cardano’s digital token, ADA, surged more than 13% in 24 hours, driven by strong technical signals and a swift recovery from a network disruption, though it still trades well below its record high.

The cryptocurrency’s price reached $0.436 USD on December 2, 2025, pushing its market capitalization to $15.65 billion USD. This rally occurred amid a daily trading volume of $837 million USD.

The 24-hour surge, a 13.42% increase, was largely attributed to specific technical buy signals. Analysts noted indicators like the TD Sequential, which suggested the asset was oversold in the $0.38 to $0.40 USD range.

A brief network interruption on December 1 initially caused ADA’s price to dip to $0.38 USD. However, a rapid resolution to the issue quickly restored market confidence, leading to a wave of buying.

Trading volume saw a 17% increase from the previous day, suggesting significant accumulation, possibly from institutional investors who saw an opportunity in the price dip.

Further reinforcing the bullish sentiment, funding rates in ADA perpetual contracts turned positive, indicating a bias towards long positions over short ones. Open interest in futures also rose by 12% to $450 million USD, reflecting increased post-dip speculation.

Despite this notable short-term gain, ADA remains 85.92% below its all-time high of $3.09 USD, which it reached in September 2021. The current price is still below its 30-day Simple Moving Average (SMA-30) of $0.485 USD.

However, the token’s price is currently above its 7-day Simple Moving Average (SMA-7) of $0.413 USD, a key technical indicator of positive short-term momentum. The Relative Strength Index (RSI) was observed at 28, indicating an oversold condition and potential for a rebound.

The daily chart for ADA showed a bullish engulfing candle pattern. This broke the $0.40 USD resistance level with trading volume higher than the average by 5.84%.

The 12-day Exponential Moving Average (EMA) crossed above the 26-day EMA. This confirmed a positive Moving Average Convergence Divergence (MACD) reading of +0.015, signaling an acceleration in bullish momentum.

The 24-hour price range spanned from $0.386 USD to $0.436 USD. Implied volatility in options contracts stood at 65%, surpassing the sector average of 55%.

While some analysts attribute the rally to a general rotation into altcoins spurred by a stagnant Bitcoin (BTC), no specific announcements or partnerships were cited as direct catalysts for ADA’s climb. Some market observers view the current rally with caution, suggesting it could be a “bull trap” within a broader bearish macroeconomic environment, particularly given a strengthening U.S. Dollar Index (DXY).

Cardano’s Total Value Locked (TVL) currently stands at $350 million USD. This is significantly lower than competitors like Ethereum ($50 billion USD) and Solana ($5 billion USD). However, it has shown a 10% weekly growth.

On-chain metrics indicate consistent activity, with 65,000 daily transactions, a 5% increase over the weekly average. The network also maintains a stable base of 1.2 million active holders. Partnerships with African governments are aimed at boosting the platform’s real-world utility.