According to Dave (@ItsDave_ADA), Cardano (ADA) moved above $1 after rising 15.9% over the past 24 hours; source: Dave (@ItsDave_ADA) on X, Aug 14, 2025. According to Investopedia, round-number levels like $1 often act as psychological support or resistance, so traders can monitor whether ADA holds $1 on pullbacks to assess breakout confirmation and manage risk; source: Investopedia, Support and Resistance Basics.

According to @ItsDave_ADA, Cardano (ADA) has surpassed the $0.83 resistance level and increased its market dominance to 0.90% as of May 10, 2025 (source: Twitter). This breakout is significant for traders, as the breach of a key resistance could signal renewed bullish momentum and potential for further upside in the short term. The rising dominance also indicates ADA is outperforming other major altcoins, which may attract additional capital flows from investors looking to diversify away from Bitcoin and Ethereum (source: Twitter). Traders should watch for sustained volume above $0.83, as well as broader altcoin market sentiment, to confirm continuation of the uptrend.