🚀 Cardano Gears Up for a 60% Breakout — A New Update Fuels the Rally? 🔥
Cardano ($ADA) is setting up for a potential 60% surge, as analysts eye a breakout above $1.20, impervious to recent market turbulence. The latest development — a key network upgrade — may inject fresh fuel into the rally, adding conviction to the technical picture.
We're seeing a classic falling wedge in action: ADA broke resistance earlier in 2025, pulled back to consolidate, and now appears primed for a big move. A breakout here could spark a sustained bullish cycle, with price targets soaring to $2.90, suggesting a 260%+ growth from current levels.
Supporting the narrative is Cardano’s dynamic, highly engaged community — ranked second most optimistic among crypto networks. With momentum building around recent upgrades and ecosystem expansion, sentiment continues to trend positive.
At the moment, ADA is trading near $0.80, up 30% over the past month and 11% in the last week. However, watch out — daily trading volume is down 31%, hinting at possible short-term swings.
Watch These Levels:
Near-term breakout target: $1.20
Extended bullish target: $2.90
