Cardano has defended the $0.25 support level again, raising the possibility of further gains.

On May 9, blockchain media outlet The Crypto Basic cited crypto analyst Ali Martinez as saying Cardano could rise to $0.36 in the short term and then to $0.53 if it holds above the key $0.25 support.

The core of the analysis is the $0.25 area. Martinez said the level has served as Cardano’s psychological and technical base. He said it also marked the starting point for major rebounds in the past and that the recent bounce near the level could be the start of a new structural uptrend.

Cardano has previously posted strong gains after defending the same price area twice. In January 2023, it rebounded from $0.25 and rose more than 88 percent over the following weeks. In September that year, it climbed 243 percent after holding the same support. The market is paying attention to Cardano’s positive response again at the same price floor.

Recent moves also align with the analysis. Cardano has stayed above the $0.2501 support level since May 5, and is trading at about $0.2746, slightly above the key area. Martinez said he expects a move toward $0.36 as long as Cardano remains above $0.25. If upward momentum continues, he set $0.53 as a broader target.

The bullish outlook comes with a clear condition. Martinez warned that a break below the $0.25 support could significantly weaken the bullish view. If the price continues to fall below that level, the current setup could be invalidated and, as market structure shifts, it could lead to a deeper correction.

Price action has improved recently. Cardano has risen 10.93 percent over the past week and is up 5.6 percent over the past 24 hours. It has posted a 9.82 percent return over 30 days. Year-to-date, it is still down 17.48 percent.

The next focus for the market is whether the $0.25 area can again establish itself as a medium-term support level, rather than whether the move is merely a short-term rebound. If Cardano holds the level, expectations could revive for the short-term target of $0.36 and the medium- to long-term target of $0.53. If support breaks, the recent rebound is less likely to develop into a trend reversal and the chances rise of a return to a correction phase.

The key point in the analysis is that expectations for Cardano’s upside are not simply a price forecast, but rest on a clear criterion: whether it can defend $0.25. With the same support level having marked the start of two major rebounds in the past, the market is watching whether the latest price action will follow the same pattern.

$0.25 is a critical support level for Cardano! In my analysis of the monthly chart, this floor has acted as a launchpad for significant rebounds on two major occasions: • January 2023: $ADA bounced off $0.25, resulting in a 88.27% rally over the following weeks. • September… pic.twitter.com/COknFMkG3H