$ADA 🌿🌿🌿
🚀 Cardano is looking for a massive breakout of 60%
Analysts see Cardano (ADA) surpassing $1.20 soon, looking for a potential increase of 60% despite recent market turmoil. The charts reveal a familiar pattern
- a descending wedge followed by a strong breakout
- which has historically set the stage for major ADA movements.
This wedge formation began in early 2025, with Cardano breaking resistance, pulling back to consolidate, and now heading towards another explosive move. A confirmed breakout could ignite a larger bullish cycle, with long-term targets reaching $2.90 - an increase exceeding 261% from current levels.
Beyond the technical aspects, ADA boasts one of the most optimistic communities in the crypto world, ranking second in market sentiment. This strong conviction from coin holders, along with ongoing growth in the network and ecosystem, could further accelerate momentum.
Currently trading near $0.80, it has risen by +30% in the last month and +11% over the past week, although daily trading volume has decreased by 31%, indicating potential
volatility ahead.
📈 Key levels to watch:
Short-term: Breakout target of $1.20
Long-term: Extended target of $2.90