Cardano’s Price Set to Soar: Analysts Predict a 150% Bullish Rally! 🚀💰

by

Key takeaways:

  • ADA price has decided to throw a party, confirming a bull flag breakout and eyeing a 100%-150% upside. 🎉

  • Long-term holders are clutching a staggering 15 billion ADA like it’s the last cookie in the jar, and they’ve been at it for over a year. 🍪

In a twist that would make even the most seasoned fortune teller raise an eyebrow, Cardano’s (ADA) is showing signs of breaking out from its months-long hibernation. Some analysts, who may or may not have consulted a crystal ball, are predicting prices to at least double in the coming weeks. 🧙‍♂️

ADA price enters bull flag breakout stage

According to the ever-astute Clifton Fx, Cardano’s latest price action has confirmed a bullish breakout from a multimonth bull flag pattern on the three-day chart. Yes, you heard that right-a bull flag! It’s like a regular flag, but with more enthusiasm and a penchant for upward movement.

This breakout follows a steady climb from the lower trendline, with ADA price now pushing above key resistance. Technically, such breakouts often precede strong upside continuation, which is a fancy way of saying, “Hold onto your hats, folks!” 🎩

Clifton Fx’s current projections point to a “100-150% massive bullish rally” in the coming weeks. In layman’s terms, that means ADA’s price could be strutting its stuff toward the $1.60-$1.75 range if momentum holds. These levels were last seen during the early 2024 gains, which is like saying they were last spotted at a particularly raucous family reunion.

ADA’s bullish outlook is further underscored by its significant gains in the past 24 hours, when compared to other top-ranking cryptocurrencies. The Cardano token has risen by about 20% to reach $0.99, a five-month high. It’s like watching a tortoise suddenly decide it’s a hare! 🐢💨

The gains underscore renewed buying interest in the altcoin market, with ADA now among the top watchlist candidates for traders betting on high-percentage moves. That includes Trader_Jibon, who predicts ADA’s price to reclaim its November top at around $1.32-and mid-2022 high of $1.63 afterward. Talk about aiming for the stars! 🌟

Long-term ADA holders hit record high as retail interest spikes

The bullish outlook for ADA is further buoyed by signs of a strengthening long-term holder (LTH) base. As of Tuesday, 15 billion ADA remained unmoved for more than a year, hinting at reduced selling pressure amid the so-called “altcoin season” buzz. It’s like watching a bunch of squirrels hoard acorns for winter-only these acorns are digital and worth a lot more than your average nut. 🐿️💸

At the same time, retail interest in the broader altcoin market is on the rise. Google Trends data reveals searches for “altcoin” have climbed to their highest level since 2021, while “Cardano” interest is at a five-month peak. It’s like everyone suddenly remembered that altcoins exist and decided to throw a party! 🎊

Historically, similar spikes have coincided with phases of intense capital rotation from Bitcoin and into altcoins, such as during the ICO boom of early 2018 and the DeFi-NFT surge of 2021. So, if you’re holding ADA, now might be a good time to dust off your party hat and prepare for a wild ride! 🎈

Read More

2025-08-14 14:07