【Surge Signal Sounded】Is Cardano Going Crazy? Once it Breaks, It Could Soar 89%, Charging Towards $1.33!

Cardano (ADA) is on the verge of a significant technical breakthrough—stabilizing above $0.70 over the past week, with the trading range gradually narrowing, and now it may be brewing for a fierce upward move.

📈 Bullish Flag Forming, Is $1.33 in Sight?

Technical charts show that ADA is forming a typical 'bullish flag' structure—this is a hallmark signal in historical bull markets. Analysts point out that once it breaks the upper boundary of this pattern, the price could soar nearly 89%, heading towards the target area of $1.33.

The current trend is built on a prior rebound from $0.50, forming a stable upward channel. Multiple analytical models support this trend, suggesting that as long as it holds above the $0.70 support, breaking the $0.73 resistance is just a matter of time.

🔥 Derivatives Market Sending Strong Signals: Bullish Sentiment Dominates

Derivatives data shows that since mid-April, ADA's financing rate has remained positive, indicating that bulls continue to pay fees to bears—this suggests a general market optimism for price increases.

More critically, open interest (OI) is continuously rising, showing that leveraged funds are flowing in, and bullish bets are gaining strength.

🚀 Target Price Not Just $1.33? Higher Points May Have Emerged

In the short term, analysts have locked in key resistance levels at $1.24 and $1.46. If it breaks through the Fibonacci extension lines and the overlapping area of the long-term wedge structure, the next stop could point straight to $2.91.

Some institutions have even released a maximum forecast of $10, which, although a long-term vision, reflects the market's anticipation for a Cardano bull market.

✅ Summary: The Critical Point Is Approaching, ADA May Ignite the Next Round of Market

From chart patterns to market sentiment, Cardano is paving the way for a major surge. As long as the $0.70 support holds, breaking $0.73 could become the ignition point.

Will this potential surge realize an 89% increase? Is $1.33 just the starting point or a relay? The answer may be revealed soon.