🚀 Cardano Primed for Explosive Rally: Analyst Predicts $1.33 Target in Coming Bull Run

Brace for impact—Cardano's gearing up for another moonshot.

Market watchers spot bullish signals as ADA eyes a 50% surge from current levels. The $1.33 price target would mark a decisive breakout, though skeptics whisper about 'ghost chain' narratives. Here's why this time might be different.

Technical breakout or hopium overdose?

The third-generation blockchain shows unusual accumulation patterns while Bitcoin dominance wobbles. Retail traders are piling in, but institutional flows remain suspiciously absent—typical crypto theater.

One hedge fund analyst quipped: 'At least the prediction's more realistic than last year's 'ADA to $10' nonsense.'

Cardano Price PredictionCardano Price Prediction However, the same demand zone, combined with a fair value gap, served as a launchpad for ADA in November 2024. From a low of $0.32, the price surged dramatically, breaking past the previous bearish order block and reaching nearly $1.32 by December 2, 2024, before facing resistance. Current Price Action Targets Bearish Order Block Currently, after sweeping liquidity below the $0.51 mark, ADA appears to be making another move toward the existing bearish order block. Shaban suggests that this could catalyze a renewed bullish wave. His outlook has become increasingly optimistic, pointing to a potential short-term advance toward $0.61 and $0.76. In the longer term, Shaban identifies targets for a bull run at $0.93, $1.05, and $1.33 — the same level at which the bearish order block materialized. If ADA were to climb from its current level of $0.60 to $1.33, this WOULD represent a 121.67% increase. Network Activity Reinforces Bullish Momentum Amid Shaban’s prediction, data from IntoTheBlock presents a compelling long-term outlook on Cardano’s network strength, with a notable resurgence in Daily Active Addresses (DAA). This is a key on-chain metric for measuring demand and user engagement. Over the past 7 days, active address activity has increased by 11.99%, indicating a clear uptick in user participation.

Cardano Daily Active AddressesCardano Daily Active Addresses This growth is further supported by a 4.79% rise in new addresses, signaling fresh adoption, and a 12.26% increase in zero-balance addresses, which often reflects previously inactive holders re-engaging with the network. These on-chain shifts point to more than just temporary hype—they indicate organic, synchronized user activity across both new and existing wallets. Such behavior typically reflects strengthening network utility and growing investor interest.