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Cardano ADA Poised for Major Breakout: Analyst Predicts $1.50 Target Amid Bullish Momentum

Cardano ADA Poised for Major Breakout: Analyst Predicts $1.50 Target Amid Bullish Momentum

Author:
ADA News
Published:
2025-08-14 11:54:29
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[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

Cardano's native cryptocurrency, ADA, is showing strong signs of a potential breakout, with prominent analyst Ali Martinez forecasting a rally to $1.50. Currently trading at $0.87 after a 12.97% surge in the last 24 hours, ADA is gaining momentum as traders react to bullish technical patterns and on-chain activity. A decisive breach of the $1.10 resistance level could trigger a 50–70% upward move, targeting the $1.40–$1.60 range. The falling-wedge formation and increasing volume further support the optimistic outlook, making ADA one of the most watched assets in the crypto market as of August 2025.

Cardano (ADA) Eyes Breakout as Top Analyst Predicts $1.50 Target

Cardano’s ADA is gaining momentum, with analyst Ali Martinez forecasting a potential breakout to $1.50. A decisive breach of the $1.10 resistance could pave the way for a 50–70% rally, targeting the $1.40–$1.60 range. Traders are already reacting, with ADA surging 12.97% in 24 hours to $0.87.

Technical patterns, including a falling-wedge formation, suggest further upside if confirmed by volume. On-chain activity and renewed interest in the Midnight airdrop are adding fuel to the bullish narrative.

Cardano Price Prediction – Grayscale ETF Hype Fuels ADA's Rally Toward $1.50

Cardano's ADA surged 13.4% to $0.8787 amid renewed crypto market optimism, with technical indicators suggesting bullish momentum could propel it toward $1.50. The rally aligns with growing institutional interest and ETF speculation, as on-chain data reveals limited selling pressure.

Chart patterns show ADA testing the $0.88–$0.90 resistance zone, a breakout from which may confirm the upward trajectory. Higher lows since mid-July underscore sustained buying pressure, reinforcing analyst projections of a major MOVE ahead.

Cardano (ADA) Rockets 15% Higher, Can Bulls Push Beyond $1.00?

Cardano's ADA surged 15% as bullish momentum builds above key technical levels. The cryptocurrency now eyes a decisive breakout past the psychological $1.00 barrier after establishing strong support near $0.80.

TradingView charts show ADA/USD forming a bullish trendline with support at $0.9350 on Kraken's hourly chart. The token cleared multiple resistance levels between $0.85-$0.95, peaking at $0.9880 before consolidation. Market structure suggests potential for continuation if $1.02 resistance falls.

The rally mirrors broader crypto market strength, with Bitcoin and ethereum showing similar recovery patterns. Technical indicators position ADA favorably, trading above both its 100-hour moving average and the 23.6% Fibonacci retracement level from recent lows.

Cardano (ADA) Breaks Trendline With 20% Daily Surge, $1.54 Target Now in Play

Cardano has surged 20% following a breakout above a descending trendline that had constrained its price movement since late 2024. The rally, marked by a weekly gain of over 22%, propelled ADA past the $1.00 threshold, with traders now eyeing potential targets at $1.13, $1.31, and $1.54.

On-chain activity underscores the momentum: active addresses spiked to 42,309, while trading volume reached 2.21 billion ADA during the uptrend. The move triggered $5.8 million in short liquidations, amplifying upward pressure as ADA cleared key resistance levels.

The breakout aligns with a retest of the 0.618 Fibonacci level at $0.92—a potential near-term consolidation zone. Market participants are monitoring whether ADA can sustain its position above former resistance, which WOULD validate the bullish technical structure.

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