Cardano ADA: 300% Rally Potential as Falling Wedge Pattern Signals Bullish Breakout
Cardano’s ADA is showing strong signs of a major bullish reversal, with technical analysis pointing to a potential 300% surge in price. According to Master Ananda, a well-known crypto analyst on TradingView, the monthly chart reveals a Falling Wedge pattern—a classic indicator of an impending upward breakout after a prolonged downtrend. If this pattern holds, ADA could reach $2.65 by the end of 2025. Traders are closely monitoring the momentum for confirmation of this breakout, which could mark a significant turning point for Cardano.
Cardano Price Prediction: 300% Rally on the Horizon
Cardano’s ADA is poised for a dramatic breakout, with technical indicators signaling a potential 300% surge in the coming months. Master Ananda, a prominent crypto analyst on TradingView, points to a Falling Wedge pattern on the monthly chart—a classic bullish reversal signal after prolonged decline. If the pattern holds, ADA could rally to $2.65 by year-end. The prediction hinges on sustained momentum, with traders watching for confirmation as the token tests key resistance levels. Market sentiment around Cardano has shifted cautiously optimistic, fueled by broader crypto market recovery and growing institutional interest in proof-of-stake assets.
Cardano Community Challenges Charles Hoskinson on Roadmap Promises
Cardano founder Charles Hoskinson faces community scrutiny after declaring the network ’completed,’ citing the expiration of IOG’s original 2015 contract. His assertion that scaling goals under the initial roadmap have been achieved—now evolving into ’a moving target’—has drawn backlash. Hoskinson revealed ongoing work on advanced solutions like Leios and Hydra, though these projects face uncertainty without guaranteed funding. The controversy highlights tensions between contractual milestones and community expectations for continuous development in blockchain ecosystems.
Cardano Price Dips Amid Declining Volume, Signaling Potential Trend Reversal
Cardano’s ADA token fell 1.6% to $0.6839 on Thursday, retreating from $0.6950 as trading volume dropped 13.6% to $866.8 million. The simultaneous decline in both price and volume suggests waning market interest, potentially foreshadowing a broader trend reversal.
Despite the daily setback, ADA remains 10% higher over the past week, maintaining a $24.1 billion market capitalization. The token’s performance contrasts with market leaders OFFICIAL TRUMP, Onyxcoin and Sui, which topped gainers, while DeXe, Immutable and Bonk led decliners.
Cardano Bulls Target $1.20 as Sentiment and Technicals Align
Cardano’s ADA exhibits bullish momentum as market sentiment and technical indicators converge. The cryptocurrency currently trades at $0.6846, despite a minor 1.83% dip, with both retail engagement and smart money flows signaling growing confidence.
Technical analysis reveals ADA has reclaimed its 9-day and 21-day moving averages, forming a strong structural base for potential upside. Whale activity shows strategic positioning, while retail traders increase exposure—a classic setup preceding significant moves.
The $1.20 price target remains in play, contingent upon breaking key resistance levels. Market participants appear to be accumulating positions ahead of what could be a decisive upward movement.
