Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Cardano Price Set For 300% Explosion With Major Bullish Impulse

Share This Post

The Cardano price is showing strong signs of a breakout, with a technical analyst pointing to a massive 300% explosion on the horizon. If the current pattern holds, ADA could be gearing up for a major bullish impulse that could push prices as high as $2.65 within the next few months. 

Master Ananda, a crypto analyst on TradingView has released a new chart report predicting that Cardano will experience a staggering 300% price surge in the next three months. The analyst’s firm bullish outlook for ADA stems from the formation of a Falling Wedge pattern on the cryptocurrency’s monthly chart. 

Cardano Price Aims For 300% Rally

A Falling Wedge is a distinctive reversal chart pattern that suggests a potential bullish reversal after a period of decline. This pattern had been forming on the Cardano price chart since January 2025, characterized by a series of lower highs and lower lows, gradually tightening within the structure. Currently, the Cardano price has broken to the upside of the Falling Wedge, signaling a potential end to the cryptocurrency’s prolonged correction phase and the beginning of a new bullish phase.

Adding fuel to this optimistic outlook, Master Ananda revealed that ADA had formed a higher low on April 7, 2025, which aligns with the critical support zone near the $0.57-$0.60 range. The analyst views this move as a confirmation that Cardano may have reached a bottom, supported by a prior long lower wick in early February that highlighted significant buying pressure

Cardano

Based on Cardano’s current technical setup, Master Ananda forecasts that the cryptocurrency will see a 300%+ increase to $2.65. This bullish target aligns with the 2.618 Fibonacci Extension level on the price chart. 

With Cardano currently trading at $0.7, the analyst anticipates a breakout through multiple key Fibonacci Extension levels, each serving as a future price target. The first major target lies at the 0.382 Fib, which aligns with the $0.81 level. From there, the Cardano price is expected to climb past the 0.5 Fib at $0.91, the 0.618 Fib at $1.01, and the 0.786 Fib at $1.14. 

If momentum persists, ADA could then rally toward a high target of $1.3 before skyrocketing to the 1.618 Fib at $1.83. Once it successfully crosses this level, the cryptocurrency is expected to reach its final projected target of $2.65 in this analysis. 

ADA Set For Long-Term Bullish Growth

According to Master Ananda’s analysis, ADA’s current price action is just the beginning of a mid-term bullish impulse that could extend well into Q3 2025. While short-term price swings are expected, the underlying structure of the Falling Wedge pattern suggests Cardano is entering a sustained growth phase. 

Furthermore, the TradingView analyst has revealed that the projected move to $2.65 is not the top of the cycle but part of a much larger trend. He stresses that this long-term bullish growth will not happen overnight. However, as long as prices hold above the 0.236 Fibonacci support at $0.69, long positions are expected to remain secure.

Cardano

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Why This Low-Cap $0.025 XRP Rival May Beat Ripple To $5

The post Why This Low-Cap $0025 XRP Rival May Beat Ripple To $5 appeared first on Coinpedia Fintech News Ripple (XRP) has weathered regulatory storms, bounced back from multi-year lows, and remains a

Why is XRP Price Going Down Today?

The post Why is XRP Price Going Down Today appeared first on Coinpedia Fintech News The price of XRP is dropping today, and there are several reasons behind it Let’s take a closer look at

Pixels Meets Runiverse: A New Era of Cross-Game Web3 Adventures Begins

Adventure meets ownership as Pixels and Forgotten Runiverse unlock true Web3 interoperability with $PIXEL staking and shared rewards Regina’s Web3 Gaming Odyssey: Episode 25 From ancient magic to

XRP Price Prediction, Elliot Wave Analysis And More For May 2025

The post XRP Price Prediction, Elliot Wave Analysis And More For May 2025 appeared first on Coinpedia Fintech News Ripple’s native token, XRP, has been moving sideways in recent days, with analysts

XRP Price Momentum Stalls — Bulls on Pause or Done for Now?

XRP price started a downside correction from the $225 zone The price is now consolidating and facing hurdles near the $220 level XRP price started a fresh decline from the $2250 zone The price is now

Big Breaking: Trump Calls for 100% Tariff on Foreign Movies, Says U.S. Film Industry is ‘Dying’

The post Big Breaking: Trump Calls for 100% Tariff on Foreign Movies, Says US Film Industry is ‘Dying’ appeared first on Coinpedia Fintech News US President Donald Trump has issued a