Cardano Primed for $1 Surge as Resistance Crumbles – Analyst Says It’s Now or Never

Cardano's ADA is gearing up for a breakout rally—and one analyst claims the path to $1 is wide open. With key resistance levels shattered, the crypto asset has nothing left to stop its ascent.

The no-resistance rally

Technical charts show ADA has cleared every major hurdle, leaving bulls in full control. No overhead supply? No problem. Traders are now eyeing the psychological $1 mark as the next stop.

Market shrugs off 'ghost chain' jabs

Despite critics dismissing Cardano as 'academic vaporware,' its price action speaks louder than whitepapers. The network’s recent upgrades—and a loyal retail army—are fueling momentum even as Wall Street hedgies chase the next shiny meme coin.

The cynical take

Of course, in crypto, 'no resistance' often means 'until there suddenly is.' But for now, the charts say buy—and the suits who missed Bitcoin’s last leg are scrambling not to miss this one.

ADA Analysis MMBTraderADA Analysis/MMBTrader The analyst pointed back to his earlier analysis, where he called the bounce. He noted that either cardano regains momentum from the $0.50 support or it drops to around $0.32. With the bounce from the support at $0.50 and a rally past the resistance at $0.67, MMB Trader noted that there is no more impediment between Cardano’s current price and $1. According to him, ADA would soon rally above it, specifically targeting $1.097. Notably, from its current price of $0.87, this rally would represent a 26% price increase. It would also take Cardano to prices last seen in March, following the intense price fluctuation from Donald Trump’s executive order to create a strategic crypto reserve. Cardano Bull Says $2 and Beyond Meanwhile, a recent analysis from Dan Gambardello, a long-standing Cardano bull, suggests that $1 is merely the starting point for ADA. He shared that while Cardano needs a “little breather” following its recent upsurge, what would follow could be massive. Specifically, he identified that ADA recently broke out of a descending channel with its parabolic move and would likely make its way towards $2 and above. This builds on his earlier assertion that ADA would realistically reach $10 this bull cycle.

Cardano Breakout/Dan Gambardello Meanwhile, there are other bullish outlooks for Cardano, with MasterAnada sharing that the coin’s next easy target is $1.83. However, predictions of a rally to $5 are more prevalent, as YouTuber Alex Becker and analyst Mr. Banana insist that the price mark is attainable this cycle. The latter urged holders not to sell below $5, as they WOULD miss out on the full bullish potential of the blue-chip asset if they did.