Cardano ADA Eyes $5 Milestone Amid Surging Whale Activity and Market Optimism
Cardano (ADA) has recently experienced a remarkable price surge, trading at $0.7093 with an 11% daily and 17% weekly increase. This bullish momentum is supported by a 65% rise in trading volume and significant whale accumulations, fueling predictions of a potential rise to $5 despite expected resistance at $3.
Cardano Price Eyes $5 After 17% Surge
Cardano has seen a significant increase in price, trading at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume has also increased by over 65%, indicating growing investor interest. Onchain data shows whale accumulations, with whales holding between 100,000 to 100 million ADA increasing their holdings. Expert Dan Gambardello predicts that Cardano will face resistance around $3 but eventually rise to $5.
Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?
The live price of Cardano’s ADA token is $0.70853889. Predictions suggest that the ADA coin price could reach a high of $1.4045 in 2025 and as high as $10.32 in 2030. Despite market consolidation, Cardano has seen positive developments, partnerships, and regulatory compliance. Recently, Cardano integrated Mastercard and Kraken, allowing easy conversion of ADA to FIAT at millions of merchants worldwide. The price of ADA has surged 10.79% today on its daily chart.
Cardano Holds Above $0.67 Support: Is $0.76 Breakout Next?
Cardano’s recent pullback to $0.67 follows a 13.5% surge from $0.62 to $0.69, fueled by a bullish breakout of an Adam and Eve pattern on the 4-hour chart. The altcoin’s derivatives market remains long-dominated, suggesting potential upward momentum toward $0.76.
Despite a 2% intraday dip amid broader crypto market retracement, ADA shows resilience at its key support level. Fibonacci retracement analysis indicates room for further gains if the $0.67 floor holds.
Cardano Breaks Out of Descending Wedge, Bullish Reversal in Sight
Crypto influencer Justin Wu, formerly of Pi Network and now active at Token2049, has flagged a technical breakout for Cardano (ADA). The digital asset has decisively exited a descending wedge formation on daily charts—a pattern traders often interpret as a precursor to upward momentum.
Wu notes ADA’s price has consolidated above critical support levels, reinforcing the bullish thesis. Market participants now watch for follow-through buying to validate the breakout. The alert, disseminated via social media platform X, did not specify price targets but emphasized strengthening technical structure.
