Cardano (ADA) Ready to Rocket? Analysts Say Big Breakout is NearADA forms bullish pattern as major players predict $10 surge

  • Cardano (ADA) is showing signs of a potential breakout, with analysts pointing to a bullish Cup-and-Handle pattern and long-term price targets as high as $10.
  • Growing adoption, including Mastercard integration, adds further momentum to ADA’s upward potential.

Cardano (ADA) has seen its price dip slightly over the past week, trading at around $0.6148 as of April 18, 2025 — a 1.16% drop in the past 24 hours and a 2.12% decline over the week. Despite the recent pullback from its April 13–15 range of $0.63 to $0.66, analysts believe the best could be yet to come for ADA.

Crypto analyst Dan Gambardello has highlighted a key technical indicator forming on ADA’s chart — a classic Cup-and-Handle pattern, often signaling a major bullish reversal. According to Gambardello, Cardano’s current consolidation closely mirrors its historical setup prior to previous explosive rallies.

Cardano Eyes $10 as Long-Term Resistance Approaches

Gambardello believes ADA is inching toward a long-term resistance level near $3.23. A successful breakout above this level could open the floodgates to massive gains. Using Fibonacci extensions, he forecasts price targets of $6.45 and $9.33, with a bold prediction that ADA could eventually reach $10, supported by historical patterns and Cardano’s expanding ecosystem.

Gambardello believes ADA is inching toward a long-term resistance level near $3.23. A successful breakout above this level could open the floodgates to massive gains. Using Fibonacci extensions, he forecasts price targets of $6.45 and $9.33, with a bold prediction that ADA could eventually reach $10, supported by historical patterns and Cardano’s expanding ecosystem.

Joining the bullish chorus is crypto influencer Alex Becker, who recently revised his stance on Cardano. Becker now expects ADA to reach between $4 and $5 in the upcoming bull run, citing the project’s technological evolution and its strong position in the Web3 space.

Real-World Adoption Could Fuel the Surge

Cardano’s fundamentals are also gaining traction outside of price charts. In a major development, Times Tabloid reported that Mastercard is integrating Cardano, potentially giving ADA access to 150 million users. This kind of real-world utility could serve as a catalyst for long-term growth and mainstream adoption.

Despite short-term volatility, Cardano’s technical setup, increasing investor interest, and growing adoption paint a bullish picture. Traders and long-term holders should keep a close eye on resistance levels and macro sentiment — ADA might just be gearing up for its next breakout moment.

Leave a Reply

Your email address will not be published. Required fields are marked *