Cardano ADA Eyes $1 Surge—Here’s the 30% Breakout Path

Cardano’s ADA defies the crypto winter—again. After weathering the bear market’s worst, the token now flirts with a bullish trajectory that could send it soaring past $1. Technicals suggest a 30% climb isn’t just hopium.

The setup: A descending wedge breakout on weekly charts, reinforced by rising RSI and volume. Whales are accumulating, and staking yields stay juicy—classic pre-pump signals.

But let’s not pop champagne yet. The ’Ethereum killer’ narrative still needs to prove itself beyond conference slides and delayed upgrades. Meanwhile, Bitcoin maximalists smirk. Finance as usual.

The Road to $1: What Cardano ADA Needs to Accomplish

As mentioned previously, in order for ADA to climb back to $1, whale activity WOULD be a big help to raise the price. If the latest whale accumulation is just the start and more whales begin swooping up ADA, its value could skyrocket. Trading volume fell 30% on Friday to $793.54M, however, it could pick back up over this weekend. If TV rises and whales play a part in that, a surge could be imminent.

Furthermore, analysts are citing $0.81 as the first resistance level to breach for ADA to climb towards $1. Crypto analyst Ali Martinez recently posted that LINK must hit this mark and stay comfortably above it to set up $1 as the next target. Martinez isn’t the only market observer envisioning additional gains for the asset in the future, either. Earlier this week, one X user who watches the market suggested that ADA could be one of multiple cryptocurrencies to flourish this year. The analyst, named Henry, projected gains as high as $3, which is just shy of ADA’s present ATH of $3.10.