Cardano’s ADA Surges 13%—Can It Smash Through the $1 Barrier?

Cardano’s native token ADA isn’t playing nice with bearish sentiment—jumping 13% in a sharp rebound that’s now testing the critical $1 resistance level.

The make-or-break moment

That $1 zone isn’t just psychological—it’s a technical battleground where previous rallies have stalled. Break through, and suddenly the ’ghost chain’ narrative starts looking shaky.

Traders eye the charts

Volume’s ticking up, but let’s be real—half the crypto market’s ’breakouts’ these days are just whales playing ping-pong with retail money. Still, ADA’s move today has more conviction than your average DeFi founder’s roadmap.

Whether this holds depends on Bitcoin not doing its usual ’liquidity grab and stab’ routine. Because in crypto, fundamentals are great—until some hedge fund needs to cover a leveraged position.

Source: TradingView

Liquidity at $1.15 generates notice

ADA recent price spike of could be due to a larger goal — the equal highs liquidity pool at around $1.15 level. This region resulted in several rejections, with untouched liquidity left behind.

Prices usually push towards these key zones, especially on buildups of momentum. With $1 as a potential point of entry, a break can propel gains.

Reaching $1.15 WOULD not only sweep the liquidity levels clean, but also confirm bullish control on the higher time frames.

Interestingly, the position here is consistent with classical breakout patterns.

The pennant formation commonly leads to a continuation in the earlier trend direction — in this case, ADA bullish trends may prevail further.

Whale activity validates bullish outlook

Adding confidence to the bullish Cardano price prediction is fresh whale accumulation.

AMBCrypto analysis of CryptoQuant’s on-chain data indicated that whales are beginning to accumulate again.

High-net-worth addresses are opening long positions, suggesting Optimism regarding an ADA short-term rally. Whales are the trend setters of big trends.

Their increased activity suggests that smart money is preparing for a breakout above $1.

With liquidity targets converging with the bullish sentiments, ADA may be setting up another bullish run. A clean breakout above $1 with strong follow-through would confirm the bull case.

Source: CryptoQuant

Cardano Price Prediction: Can bulls clear the $1 barrier?

With buyer-friendly technical environments and whale demand on the rise, ADA might be about to test and break the $1 barrier.

A successful break would offer a route towards $1.15 — a key liquidity milestone that would usher in a new era of bullish continuation.