Cardano's price is still technically in a bear market, but there are three main reasons why the coin could rebound in 2025.

cardano (Ada) looks set to end the year trading at $0.870, down about 35% from its 2023 high, but there are several catalysts for a reversal of recent losses in 2025.

First, Cardano will do Integration with BitcoinOS in 2025, opening up a $1.5 trillion market opportunity. This integration is expected to enhance liquidity within Cardano's decentralized financial ecosystem, potentially increasing the total value locked. Cardano's TVL has historically lagged behind popular blockchains like Solana and Base.

ADA appears to be undervalued based on its market value compared to its realized value. Data from IntoTheBlock shows that the MVRV rate has fallen from a high of 1.90 earlier this month to 1.30.

The MVRV ratio compares a cryptocurrency's current market value to its realized value and is a widely used valuation metric. Assets below an MVRV of 3.90 are considered fair value, indicating there is room for growth in the ADA price.

Moreover, Midnight mainnet It is scheduled to launch in 2025, with its testnet already underway. Midnight is a privacy-focused project that uses zero-knowledge proofs. Cardano Stake pool operators will play a crucial role in securing block production and enhancing data security, which could positively impact the value of ADA before its launch.

Cardano price has strong technicals

The fourth reason why Cardano will rebound in 2025 is that it has strong technologies. On the daily chart, the coin has fallen approximately 35% from its highest level this year. It has moved below the top of the Murrey Math Lines trading range support level.

Cardano also formed a falling wedge chart pattern, which is one of the most bullish signs in the market. This pattern consists of two converging downtrend lines. With the two trend lines approaching convergence, there is a possibility that the currency will see a strong recovery soon.

Cardano remained above the 100-day EMA and the 50% Fibonacci retracement point. Therefore, the ADA price outlook is bullish, with the initial target at the YTD high of $1,326, followed by the psychological point at $2.