Cardano (ADA) was trading near $0.224 on Friday, within a recent $0.21-$0.224 range, after gaining about 17% in seven days. A market analyst on X projected a possible 14-fold advance toward roughly $2.90-$2.92, arguing that the market bottom may have formed. Market commentator Sssebi said ADA was not giving up and that prolonged resistance testing could improve the chance of a breakout. Network activity has strengthened, with decentralized exchange (DEX) volume rising from $2.01 million to $7.28 million in 48 hours, according to DeFiLlama. Santiment data showed wallets holding 1 million to 10 million ADA adding 60 million tokens since Sunday. Cardano's total value locked rose from 268.47 million ADA on August 28 to 299.81 million ADA, while RealFi is scheduled to deploy on the network on October 1. ADA futures positioning remained mildly bullish, with a 1.10 long-to-short ratio and a positive funding rate of 0.0087% on Friday. The token traded above its 50-day and 100-day exponential moving averages (EMAs) but below the 200-day EMA. Its RSI was 64, the MACD had turned slightly positive, and resistance stood near $0.231, $0.236 and $0.245, with support around $0.213 and $0.198. Cardano stablecoin capitalization declined from $67.95 million to $63.97 million, according to DeFiLlama.