Cardano Shatters Falling Wedge—$0.95 Resistance Next Target in Bullish Surge

Cardano's ADA just ripped through a critical falling wedge pattern—now traders are eyeing the $0.95 level as its next battleground.

Breakout momentum builds

The third-gen blockchain's token didn’t just escape the wedge—it torched the downtrend with conviction. Volume confirms the move, leaving sidelined bagholders scrambling (as usual).

Key resistance ahead

That $0.95 price zone isn’t just psychological—it’s where ADA faces its make-or-break moment. Clear it, and the path opens toward dollar parity. Fail, and well… at least the staking rewards are nice.

Pro tip for crypto tourists: This isn’t financial advice, but if you’re still waiting for ‘the dip’ while institutions front-run retail—bless your heart.

Cardano technical analysisCardano technical analysis If ADA falls below $0.6600, this would invalidate the wedge breakout. Such a move could shift the outlook to bearish and increase selling pressure. Notably, Cardano is trading at $0.8021, a 7.9% surge in the past day. The token has now seen an 11% surge in the past week, increasing its uptick to 34.6%.  Cardano’s Key Resistance Levels Ahead On the upside, My Crypto Paradise identified $0.8600 as the first minor resistance point. Beyond that, the real test lies between $0.9300 and $0.9500, a historically strong resistance zone. This level could attract profit-taking from traders who entered lower and also serve as a re-entry point for short-sellers. The outcome of ADA’s attempt to break through this zone may determine the mid-term trajectory of the token. The analyst noted that technical indicators are beginning to support the bullish thesis. The Relative Strength Index (RSI) has turned upward, signaling improving momentum and buyer participation. Still, the analyst urges traders to manage risk carefully, especially given the potential for price rejection at higher levels. Analyst Targets $2.0 to $2.5 for Cardano Meanwhile, another chart shared by analyst CryptoGnojek also confirmed Cardano had broken out of a falling wedge pattern, signaling a bullish reversal. The analyst noted that ADA is now targeting the $2.00 to $2.50 range, with the breakout suggesting a possible extended rally. 

Analyst gives ADA next targetAnalyst gives ADA the next target He highlighted key Fibonacci retracement levels, with immediate resistance at $0.917, followed by $1.35 and $1.699. The primary target lies at the 0.618 Fibonacci level of $2.049, with the upper resistance zone extending to $2.546.  Further target includes $3.180, while the full extension at $5.010 represents a long-term bullish scenario. The breakout is a crucial turning point, but ADA must hold above support and clear near-term resistance to confirm the reversal. Notably, prominent analyst Ali Martinez had earlier identified Cardano's potential targets at $3.09, $4.19, and as high as $6.25 if the pattern repeats. He compared ADA’s current price action to its 2020–2021 bull run, noting structural similarities despite a slower pace.