Cardano gains Fireblocks token support: Can ADA break above $0.26?

ADA rose toward $0.26 after the Cardano Foundation and Fireblocks said they will add full support for Cardano Native Tokens (CNTs) on the Fireblocks platform by March 2027.

Fireblocks to support Cardano tokens

Fireblocks, which has custodial support for ADA since 2021, will enable its institutional clients to custody, send and receive CNTs that follow the Cardano Token Registry (CIP‑26) and on‑chain metadata (CIP‑68) standards. The rollout is expected by March 2027, with further integration assessments of Cardano’s DeFi ecosystem planned for the same year.

Technical outlook for ADA

On the daily chart, ADA traded near $0.247 on Sep 24, after reaching about $0.251 earlier in the day. Resistance sits near $0.26, with a potential target of $0.262 if the level is cleared. Support is observed around $0.236 (daily) and $0.235 (4‑hour). A Fibonacci retracement places the 78.6 % level at $0.2359, which ADA was above at the time of writing.

Momentum indicators show a relatively strong stance: the daily RSI is around 64 (above its average ~56) and the MACD line sits above the signal line. On the 4‑hour chart, the Supertrend indicator remains below price near $0.2354, and a rising trendline points toward the $0.25 area.

Liquidity and liquidation zones

CoinGlass’s 24‑hour liquidation heatmap highlights clusters near $0.252, $0.242, $0.236 and a larger band around $0.23. These zones indicate where leveraged positions could be liquidated if price reaches them, but they do not dictate future price direction.

Implications for investors

The upcoming Fireblocks integration gives Cardano token issuers a clear timeline for institutional custody and transfer capabilities, potentially expanding access for stablecoins and tokenized assets on Cardano. For ADA holders, the immediate focus remains on whether the price can reclaim $0.25 and break above $0.26 while maintaining support near $0.235‑$0.236.