Cardano ADA’s Breakout Rally: Can the Momentum Last Until 2025?

Cardano (ADA) has recently experienced a significant price surge, emerging as one of the top-performing cryptocurrencies this week. Trading around $0.95, ADA's breakout has sparked discussions about its potential to sustain this upward trajectory into 2025. The token's recent performance follows a prolonged period of resistance since December, with analysts highlighting a golden cross formation—a bullish signal that historically preceded a 200% rally. On-chain data further supports this optimism, showing increased investor accumulation and rising futures open interest. As the crypto market watches closely, the question remains: can Cardano maintain its momentum and deliver on its 2025 rally potential?

Cardano Price Breakout Raises Questions Over 2025 Rally

Cardano (ADA) has surged this week, posting the highest gains among top cryptocurrencies. Trading NEAR $0.95, the token faces scrutiny over its ability to maintain momentum into 2025. The breakout follows a prolonged resistance period since December, with analysts noting a golden cross formation—a bullish indicator that previously preceded a 200% rally.

On-chain data reveals investor accumulation and rising futures open interest, though the Relative Strength Index (RSI) at 71 signals overbought conditions. A consolidation near $0.90 or a pullback to $0.84 may precede further advances.

ADA Price Prediction: Cardano Targeting $1.05-$1.18 in Next 4 Weeks After Technical Breakout

Cardano's ADA is showing strong bullish momentum, with analysts forecasting a potential rise to $1.05-$1.18 in the coming weeks. The cryptocurrency has broken above a key descending trendline, signaling a shift in market structure that could propel prices higher.

Technical indicators suggest ADA could first test resistance at $1.02 before attempting to reach the $1.05 target, representing a 14% gain from current levels around $0.92. More optimistic projections see the cryptocurrency climbing as high as $1.18, which WOULD mark a 28% increase.

The bullish case is supported by positive exchange netflows and breakout signals across multiple timeframes. While some analysts note overbought conditions that may cause temporary pullbacks, the overall sentiment remains decidedly positive for Cardano's near-term prospects.