Cardano Price Prediction: ADA Dey Eye 52% Rally Reach $1.20
Crypto analyst Javon Marks don see one long-term falling wedge pattern for Cardano (ADA) chart wey start for early 2025. The breakout wey happen above the wedge don make the market dey bullish, carry ADA go like $0.80 as e rise 8% inside 24 hours and over 10% for the week. Marks dey predict say ADA go rally 52% to reach $1.20 for this Cardano price prediction. If the breakout for sure, e fit trigger bigger bull cycle, fit push ADA go $2.90 – which be 261% gain. Di main resistance wey traders suppose watch na $0.99, $1.10 and $1.20. Critical support dey between $0.61 and $0.68, plus zones for $0.64 and $0.70 wey dey determine near-term momentum. Trading volume near $1.71 billion show say interest don rise again. Even though daily volume drop 31%, ADA don climb almost 30% for the past month. Community sentiment rank second among major cryptocurrencies, show say confidence dey strong. Traders suppose monitor steady volume increase and confirmed wedge breakout above resistance to validate Cardano price prediction and enjoy possible short- and long-term gain.
Bullish
Dis news dey bullish for ADA. Di confirmed falling wedge breakout mean say buying momentum strong well well, wey trade volume don increase plus positive community sentiment dey support am. Di technical targets dem be $1.20 and fit reach $2.90 show say plenty upside potential dey. For short term, make volume steady and support zones wey dey around $0.64 and $0.70 go be important. For long term, if breakout succeed, e fit carry ADA enter bigger bull cycle. Traders go likely respond with increase buy orders, wey go boost market stability and price performance.