Santander’s Openbank announced on September 16 that its German customers can now trade Cardano alongside Bitcoin, Ethereum, Litecoin, and Polygon. The banking integration provides 2 million users direct access to ADA without transferring funds to external platforms.
JUST IN: Europe’s top digital bank Openbank to offer Cardano $ADA to its 2 million+ users. pic.twitter.com/1CilBM8oqG
— TapTools (@TapTools) September 16, 2025
The move comes with institutional backing and European MiCA regulation compliance. Spanish customers will receive access in the coming weeks, expanding Cardano’s reach across major European markets.
ADA currently maintains a $31 billion market capitalization despite recent sideways movement. The cryptocurrency’s 1-year volatility has risen above 1.1, matching March levels when ADA surged 72% in a single session.
Derivatives market activity shows open interest at its highest point since July. This metric indicates growing institutional and retail interest in Cardano positions.
ADA trades at $0.94 following a robust 12.83% weekly move. The price cleared key resistance between $0.75-$0.85 and now approaches the $1.00 psychological barrier.
Chart analysis reveals ADA recaptured the 0.618 Fibonacci retracement level at $0.85. This level previously served as strong resistance during earlier price movements.
Analyst Ali Martinez identified TD Sequential buy signals across multiple timeframes. The indicator previously marked local tops accurately, lending credence to current bullish readings.
After timing the top, the TD Sequential indicator suggests it's time to buy Cardano $ADA! pic.twitter.com/z3bPwY56j6
— Ali (@ali_charts) September 15, 2025
The weekly chart shows completion of a large cup and handle formation. Current price action represents the handle’s breakout attempt after an extended accumulation phase.
Next major resistance levels correspond with the 0.786 Fibonacci level around $1.78. The previous cycle peak near $3.00 represents another target zone.
Recent price action saw ADA pull back to the $0.86 region before stabilizing. The cryptocurrency found support and began showing signs of reversal from this key level.
The $0.86-$0.87 zone now acts as a critical decision point for bulls and bears. Price action above this level would mark a technical shift from bearish to bullish control.
Higher low formations around $0.85 strengthen the bullish case. Sellers appear to be losing momentum as buying interest increases near support zones.
RSI indicators stabilized around 47 on shorter timeframes. This reading sits just below neutral, suggesting selling pressure is easing while leaving room for upside momentum.
MACD indicators show histogram contracting with signal lines preparing for potential bullish crosses. These technical developments point to possible momentum shifts.
The immediate test for ADA involves reclaiming the $0.88-$0.90 resistance zone. A clean break above this range could confirm the momentum shift and open recovery paths.
Market participants watch for sustained trading above reclaimed support levels. This action would validate the technical reversal and support continuation patterns.
The technical framework supports potential advances toward $5.00 as the primary extension target. This represents approximately 430% upside from current price levels.
ADA derivatives data shows open interest at July highs, reflecting renewed market participation across trading platforms.
The post Cardano (ADA) Price: Santander Integration and Bullish Chart Hints at Rally Toward $5 appeared first on CoinCentral.
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