Here is the short-term forecast for the cryptocurrency Cardano (ADA) based on technical analysis, chart structures, and current market signals:
---$ADA
Signals and technical analysis for today
1. Price formations and impulses
ADA breaks through a long-term, descending channel and spikes above the consolidation level of $0.94–$0.96. A series of higher lows is observed, driving bullish sentiment — in the medium term, the price may even aim towards $1.50.
Another analysis mentions breaking a triangle formation, suggesting a possible move to $1.05–$1.08 in the next 2–3 weeks, with RSI close to 72 (confirming increasing momentum).
2. Short-term forecasts
Short-term targets indicate a level of around $1.02 within a week, and a possible increase to $1.05–$1.08 over the month. A bullish perspective prevails if ADA holds above key resistance.
On the other hand, model forecasts (CoinLore) suggest daily fluctuations between $0.788 and $0.922, with a price projected for tomorrow around $0.8505. In the next 10 days, a rise to ~$0.8794 is possible.
3. Potential growth and risks
Analysis of the 'bull flag' formation indicates the possibility of a significant (even 150%) increase if the current impulse persists — which may direct the price of ADA towards $2.0–$2.5 in the coming weeks.
However, for today, the key resistance zone is around $0.75–$0.80 — breaking through it may attract more buyers.
4. Volume, on-chain and fundamental factors
A lot of attention is drawn to on-chain analysis results: the option to return to the level of $3.09 (ATH) is mentioned as a possibility in the cycle, especially with a positive technical, ETF, and accumulation backdrop.
Statements from Charles Hoskinson discuss staking potential in the form of TVL (Total Value Locked) reaching $14 billion, which may support the fundamentals of the ecosystem and positively impact the price.
---$ADA
Summary: Scenarios for today
Scenario Main levels Possible move / behavior
Bullish Break above $0.94–$0.96 / $1.02 Test of the $1.05 level; further movement towards $1.10–$1.50 is possible.
Consolidation Maintaining in the range of $0.88–$0.94 Sideways movement with a possible range of $0.85–$0.95
Bearish Drop below $0.88 Correction to $0.80–$0.85, and test support at $0.75
---$ADA
Conclusions and recommendations
Today it is worth observing whether ADA maintains a level above $0.94–$0.96 — this is a key signal for the continuation of the bullish trend.
Breaking the resistance around $1.02–$1.05 could attract additional demand and increase the chances for further gains.
Medium-term forecasts mention a potential range up to $1.50–$2.5, but they carry high risk and require confirmation with appropriate volume.
