Cardano ADA News: Potential 125% Rally and Inclusion in Crypto Strategic Reserve Plans
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Exciting developments are on the horizon for Cardano (ADA) holders, as a renowned crypto analyst predicts a significant price surge, and rumors swirl about potential inclusion in the US President’s crypto strategic reserve plans.
Cardano Primed for a 125% Rally?
Cardano (ADA) could experience a significant near-term rally of 125% to new multi-year highs above $2.0, according to a widely followed crypto analyst. Ali (@ali_charts) stated on March 3, 2025, that Fibonacci extension analysis suggests a move higher to $2.20 is possible in the coming weeks. Additionally, the potential inclusion of Cardano in US President Donald Trump’s crypto strategic reserve plans, which he is set to announce on Friday, has triggered further buying interest.
Cardano Price Declines Amidst Decreased Volume
Cardano (ADA) price drops to $0.9427, marking a 0.19% decline in the last 24 hours. The daily trade volume also decreased by 30.61% to $3,501,938,446. This decline in both price and volume could signal an impending trend reversal, potentially due to a loss of interest from market participants amidst recent developments and macroeconomic factors. Despite this, Cardano gained 41.18% in the last 7 days, with a total market capitalization of $33,205,623,884.
Cardano 2025 Price Prediction: Why Did the US Senate Choose $ADA for the Strategic Reserve?
After Donald Trump’s announcement of a US Strategic Crypto Reserve, Cardano ($ADA) skyrocketed over 70% in less than 24 hours. $ADA’s investor volume also increased significantly, sparking interest in what’s being touted as one of the best cryptos to buy now. A brief summary of factors affecting Cardano’s price in 2025 includes its bullish trend respecting the 50 EMA on the weekly chart.
Cardano’s Recent Moves: A ‘Pump and Dump’ or Rally Setup?
Cardano [ADA] recently saw a rapid price surge from $0.65 to $1.19, fueled by speculative hype and linked to a political reserve announcement. However, heavy profit-taking caused a sharp drop, with liquidation clusters forming at various price points. Over the past seven days, longs outnumbered shorts by 36%, exposing the market to liquidation risks. The 1-hour Binance chart revealed a cup and handle pattern, with the price dropping to $0.65 before forming a rounded bottom and surging.
