Cardano Price Prediction: Is ADA’s July Rally a Lost Cause?

Cardano's ADA stares down a brutal July—will the 'Ethereum killer' become another casualty of crypto winter?

Price action looks grim as ADA struggles to hold key support levels. The smart contract platform's native token hasn't just fallen from grace—it's doing a swan dive into the abyss.

Where's the bottom? Technical indicators scream oversold, but in crypto-land, 'cheap' can always get cheaper. Remember when analysts swore $0.50 was the floor? ADA laughs at your puny predictions from its $0.35 perch.

Meanwhile, the so-called 'fundamentals' crowd keeps chanting about upgrades and partnerships. Funny how those never seem to move the needle when Bitcoin decides to take a dump.

Here's the cold truth: ADA's fate hinges on broader market sentiment. Another 20% drop could trigger a capitulation cascade—or we might get lucky with a dead cat bounce. Either way, buckle up. In this casino, the house always wins.

What is Keeping ADA Back, and Could It Rebound Eventually?

Recent data from Santiment reveals LINK’s weekly Market Value to Realized Value (MVRV) ratio turning negative to -12.27%. Typically, the ratio helps analyse the average profit or loss of investors. A negative ratio implies that if all ADA tokens were sold, an average investor WOULD be at a loss of roughly 12%. This further fuels the bearish sentiment around ADA. Fortunately, LINK remains above $0.50, a keep support level that could keep the asset afloat in July.

Fortunately, one crypto analyst has suggested that a monumental surge could be incoming, reversing all of ADA’s losses in 2025 thus far. Indeed, analyst Javon Marks predicts an ADA rally in the future, adding how the token is on a path to surge 666% soon. The analyst credits the potential surge to the Cardano Network launching its highly anticipated project called Midnight. Dubbed as a data protection-based sidechain for Cardano. It was launched to enable secure, effortless, and cost-efficient smart contract execution on Cardano.

In a recent analysis, Marks stated that, using Cardano’s earlier bull cycle as a reference, ADA prices are in the process of settling in. Marks noted how a MOVE above its 1.272 Fibonacci levels could be indicative of a massive price breakthrough around $5. “Using $ADA (Cardano)’s previous bull cycle as a guide for this one, prices could be setting up for another move to and above its 1.272 Fibonacci Level, which is currently at the ~$5.35 price point! This means that a nearly +666% upside from here can be possible.”