🚀 Cardano Eyes a Massive 60% Breakout
Analysts see Cardano ($ADA) surging past $1.20 soon, eyeing a potential 60% rally despite recent market turbulence. The charts reveal a familiar pattern — a falling wedge followed by a strong breakout — a setup that has historically fueled major ADA runs.
This wedge formation began in early 2025, with ADA breaking resistance, pulling back to consolidate, and now positioning for another explosive move. A confirmed breakout could ignite a larger bullish cycle, with long-term targets reaching $2.90 — over 261% growth from current levels.
Beyond the technicals, ADA boasts one of the most optimistic communities in crypto, ranking second in market sentiment. This strong holder conviction, coupled with ongoing network and ecosystem growth, could further accelerate momentum.
Currently trading near $0.80, ADA has climbed +30% in the past month and +11% over the last week, although daily trading volume has dipped by 31%, hinting at potential volatility ahead.
📈 Key Levels to Watch:
Short-term: $1.20 breakout target
Long-term: $2.90 extended target
