Crypto markets are heating up—and one analyst just slapped a $3.9 price target on Cardano. Here’s why.
### The Road to $3.9: Breaking Down the Bull Case
Forget the moon—this target’s orbiting Jupiter. The prediction hinges on Cardano’s tech upgrades and surging DeFi adoption, even as skeptics mutter about ‘ghost chains’ and vaporware.
### Why Institutions Are Whispering About ADA
Smart contracts finally delivering? Check. Whale accumulation? Double-check. A cynical trader might call it hopium—but the charts don’t lie.
### The Fine Print: Risks Behind the Rally
Regulatory grenades. Macro headwinds. And let’s be honest—half these ‘analysts’ still live in their mom’s basement. Proceed with caution.
Bottom line: If Cardano hits $3.9, the crypto bros win. If it doesn’t? Well, there’s always another shitcoin to pump.
ADA targets $39ADA targets $39
The current price action places
ADA just below that resistance line, estimated in the $0.88–$0.92 zone, suggesting that the market is on the verge of testing a structural barrier that has capped every major rally since the peak.
Cardano's Positive Momentum Signals
Notably, Visser stated that the daily moving average convergence divergence (MACD) crossed bullish earlier this week. The last daily cross, recorded around June 28–29, preceded a price increase of about 62%.
At the time of his latest update, the analyst noted that the two-hour MACD had already crossed, the four-hour was going to happen, and the six-hour was “kind of close.”
ADA PRICE ANALYSISADA PRICE ANALYSIS
Visser noted that in the previous rally, the daily, four-hour, and six-hour MACD crossovers all occurred on the same day. He said the current setup is “almost identical” to that scenario.
Cardano Bollinger Bands Show Volatility Compression
Meanwhile, Visser highlighted a volatility squeeze on the six-hour Bollinger Bands. He explained that the bands become tighter when the price is near their middle line, and such compression is less common on higher timeframes.
ada ANALYSISADA's ANALYSIS
On his chart, the middle orange line was positioned around $0.7975 to $0.8051, less than one cent wide. He said that if the price holds near the middle for another three hours, the bands could tighten further. In previous instances, tight Bollinger Bands preceded sharp upward moves.
Cardano Price Approaches Long-Term Resistance
Visser also placed ADA’s current price action in a broader historical context. According to his chart,
Cardano has spent the last four years in a consolidation phase. Price has attempted to break out twice during that time and is now approaching a third attempt. Notably, ADA reached $1.63 and $1.32 in 2022 and 2024, respectively.
Meanwhile, volume profile data in Visser’s chart showed high trading volume around $0.73–$0.74, which he identified as strong support. Above the current price, volume is thinner, indicating fewer historical trades and potentially less resistance if upward momentum continues.
ADA Price Target — is $3.9 Imminent?
Visser indicated a potential long-term price target of $3.91 if the breakout holds. This would represent a gain of more than 350% from the price at the time of his recording. Notably, ADA's all-time high remains $3.1, recorded in September 2021.
He said the projection is based on historical price behavior and the scale of the multi-year consolidation pattern. However, he did not specify a timeline for reaching the target.
Interestingly, Dan Gambardello had forecasted a sharp ADA rally to $3 by January 25, drawing his outlook on the token’s historic surge from Q4 2020 to Q1 2021, but this failed to materialize. Similarly, pseudonymous analyst Madmaudo declared that ADA’s price at $3 is long overdue for Cardano. Meanwhile, analyst Mintern expects a short-term rise to $2.
ADA to $2ADA to $2
