Cardano’s ADA Surges Past Key EMAs—$2 Target Now in Sight as Bullish Momentum Builds
Cardano's native token ADA isn't just climbing—it's staging a full-blown breakout. After reclaiming critical exponential moving averages (EMAs), the asset now eyes a $2 price target with conviction. Here's why traders are flipping bullish.
The EMA Reclamation Play
ADA didn't just nudge past its EMAs—it bulldozed through them. This isn't a timid retest; it's a confirmation that buyers are back in control. The last time we saw this kind of momentum? Right before the 2021 parabolic run.
$2 or Bust: The Liquidity Hunt
With EMAs now acting as support instead of resistance, the path to $2 looks increasingly plausible. Market depth shows thin sell walls above current levels—classic breakout fuel. Of course, Wall Street 'risk managers' will call this reckless right up until their clients FOMO in.
Smart money's already positioned. The question isn't if ADA tests $2, but when. And whether traditional finance will be late to the party—again.
Cardano price is flashing a major technical shift after reclaiming all key exponential moving averages, EMA50, EMA100, and EMA200, on the weekly chart. This kind of clean alignment rarely shows up and often signals the early stages of a trend reversal that’s hard to ignore.
Cardano Price Tests Multi-Year Trendline as Price Approaches Breakout
The recent chart shared by Leader Alpha indicates that Cardano price is approaching a significant technical milestone. The latest weekly chart highlights a multi-year descending trendline that has kept ADA under pressure since late 2021. After months of compression within the formation, price is now grinding into the apex, suggesting that a breakout is likely to resolve soon.
Cardano presses into the apex of a multi-year triangle, with $0.85 acting as the final barrier before a potential breakout. Source: Leader Alpha via X
The setup is hard to ignore from a structural perspective. The triangle has been tightening around the $0.85 level, which is now acting as both psychological resistance and the final test of the upper trendline. A clean weekly close above this structure could flip the long-term trend, opening up the possibility of a broader trend reversal.
ADA Builds Momentum with Clean Bullish Structure
On the lower timeframes, Cardano continues to show a healthy uptrend structure. The chart shared by TheDAppAnalyst highlights a clear pattern of higher lows and higher highs, with price now almost attempting to reclaim the $0.90 level after multiple rejections.
Cardano price maintains a clean uptrend with higher lows, now eyeing a breakout above $0.90 after multiple rejections. Source: TheDAppAnalyst via X
Technically, the support zone around $0.85 has held up well despite recent retests. Volume is stable, and each dip has been met with responsive buying. If ADA can close the day above $0.90 with strength, it WOULD mark a breakout from this short-term consolidation range and target the $1.00 milestone.
Open Interest Climbs as Momentum Gathers Behind ADA
Cardano is picking up steam, not just in price action but also in derivatives activity. According to TapTools, ADA has now crossed $1.55 billion in open interest, reflecting growing interest. This surge adds another LAYER to the bullish case, especially as it coincides with the breakout structure forming across multiple timeframes.
Cardano’s open interest tops $1.55B, signaling rising trader participation as momentum builds across timeframes. Source: TapTools via X
That said, open interest remains in a comfortable zone for now, elevated enough to show strength but not yet in the kind of extremes that typically raise red flags. If OI continues climbing at this pace, it’s worth watching for signs of overheating. For now, though, it signals healthy participation, and combined with the technicals and spot trend strength, the bias continues to tilt upward.
Cardano Price Prediction: Holding $0.85 Opens Path Toward $1.50–$2.00
The latest weekly chart from Crypto Target paints a broader perspective on Cardano’s ongoing breakout attempt. After reclaiming key exponential moving averages (EMA50, EMA100, and EMA200), cardano price has now broken free from a multi-year downtrend while forming back-to-back rounded bottoms, classic signs of long-term base building. These overlapping cup formations, along with the breakout from a downward channel, offer structural confirmation that momentum is shifting.
Cardano forms back-to-back rounded bottoms on the weekly, hinting at a long-term trend reversal toward the $1.50–$2.00 range. Source: crypto Target via X
What stands out here is the alignment across timeframes. While short-term charts are showing clean breakouts and trendline tests, this weekly view suggests a much larger runway. As long as price holds above the $0.85 to $0.88 range and maintains structure above the EMAs, the possibility of a longer-term MOVE into the $1.50 to $2.00 range becomes increasingly realistic, followed by the $5.00 region.
Regulatory Momentum Adds Fuel to Cardano’s Long-Term Outlook
In a major development, TapTools has offered a key positive update for Cardano: under the proposed U.S. regulatory framework, ADA is likely to qualify as a digital commodity. While price action is already showing signs of strength, this added clarity on the legal front could further support ADA’s case for sustained upside, particularly as it approaches a critical breakout zone on the charts.
Cardano gets a regulatory boost as TapTools suggests ADA may qualify as a digital commodity under proposed U.S. rules. Source: TapTools via X
Final Thoughts
Cardano’s long-term price predictions are becoming harder to ignore. With price testing a multi-year trendline, strong demand showing up NEAR $0.85, and open interest steadily rising, all the key ingredients for a breakout seem to be lining up. The charts aren’t just looking bullish, they’re showing structure, conviction, and follow-through.
If cardano price continues to respect the trend and stays above the EMAs, the $1.50 to $2.00 range is likely to be achieved by Q4 2025.
