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Cardano ADA: Bullish Breakout Signals Potential 354% Surge to $2.91

Cardano ADA: Bullish Breakout Signals Potential 354% Surge to $2.91

Author:
ADA News
Published:
2025-04-26 09:48:12
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[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

Cardano’s native token ADA is showing strong signs of a major bullish breakout, with technical analysis suggesting potential gains exceeding 354%. market analyst Javon Marks has identified a critical breakout target between $2.70 and $2.91, which would bring ADA close to its September 2021 all-time high of $3.09. The bullish case is further strengthened by a 25.75% surge in Cardano’s daily trading volume, indicating growing market interest and momentum.

Cardano (ADA) Poised for Parabolic Rally as Triangle Breakout Gains Momentum

Cardano’s native token ADA shows signs of a major bullish breakout, with technical analysis pointing to potential gains exceeding 354%. Market analyst Javon Marks identifies a critical breakout target between $2.70-$2.91, which would bring ADA within striking distance of its September 2021 all-time high of $3.09.

The bullish case strengthens as Cardano’s daily trading volume surges 25.75%, indicating growing market participation. The cryptocurrency has successfully exited a prolonged consolidation pattern, with technical indicators suggesting the formation of a bull flag - typically a continuation pattern in strong uptrends.

Cardano Price Prediction 2025 – A Breakout Sparks New Optimism

Cardano ($ADA) is showing signs of a decisive turnaround after nearly five months of decline. The downtrend has been broken, with trading volume surging 46% and the price reaching $0.72. Bullish sentiment is returning as ADA reaffirms its position among the top ten cryptocurrencies by market cap.

The recent breakout suggests a potential trend reversal, though whether this marks the beginning of a sustained recovery or a temporary reprieve remains uncertain. Market participants are closely watching for confirmation of upward momentum.

Cardano Price Analysis 2025 – A Breakout Sparks New Optimism

Cardano ($ADA) shows signs of a decisive turnaround after five months of decline. The cryptocurrency has broken its downtrend, with price surging to $0.72 and trading volume jumping 46%. Market cap maintains ADA’s top-ten position as bullish sentiment returns.

The 140-day slump appears to be ending, with technical indicators suggesting potential trend reversal. This resurgence comes amid broader market gains across digital assets.

Cardano Price Prediction: Bullish Sentiment Drives ADA Closer to $1.00 Mark

Cardano’s ADA has surged 46% in three weeks, fueled by bullish sentiment and technical strength. The rally positions ADA for a potential test of the $1.00 resistance level, with market participants increasingly optimistic about its trajectory.

Data from Cardanians reveals 89% bullish sentiment among traders, according to CoinMarketCap metrics. This growing confidence comes despite typical market volatility, suggesting a fundamental shift in perception toward the asset.

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