Cardano (ADA) has surged over the last 24 hours, now trading at $0.5962. That’s a 9.26% gain, indicating robust strength for the altcoin. Its volume of trades also increased significantly, reaching $842.02 million, a 11.35% gain. ADA in the last week increased 5.33%, indicating a constant performance. Investors are paying close attention as the crypto market is gradually moving back to a bullish zone.
Analysts point to key technical setups supporting the upward move. Crypto analyst Whispra highlighted a strong double bottom zone forming on the charts. If this support holds, ADA could break out fast. Whispra’s bullish targets sit at $1.0057, $1.2114, and even $1.4329. “Time for bulls to show up,” Whispra said, hinting that big moves may be near.
ADA could reach and surpass all time high of $3.10
Cardano’s future remains the talk of the crypto town. DigitalCoinPrice sees ADA reaching $1.16 again soon and pushing past $1.31 by year-end. Their data suggests ADA could reclaim and surpass its all-time high of $3.10 eventually. This prediction adds fuel to the optimism already building in the market.
However, not all forecasts are sky-high. Changelly’s outlook is more modest, expecting ADA to trade between $0.625 and $0.665 in 2025. Their July 2025 forecast pegs the average at $0.627, with a potential peak of $0.705. Despite the lower range, the projected ROI sits at 25.3%, still attractive for patient investors.
Cardano price surge shifts market sentiment
ADA’s recent surge is shifting sentiment. Traders are starting to lean bullish, especially with strong support levels holding firm. Social buzz is growing, and ADA is climbing back onto watchlists. For many, the setup feels similar to past breakouts—low prices, growing volume, and solid technical patterns.
Still, risks remain. Volatility can strike at any time, and support zones need to hold for upward momentum to continue. But with bullish targets set and predictions pointing toward growth, ADA may just be ready for a breakout. Whether it hits $1 or beyond, one thing is clear—Cardano is back in focus.