Cardano (ADA) has caught the market’s eye. It’s trading at $0.7373, up 4.81% in the past 24 hours. This push follows a volatile week, where ADA rose 26.22%. Despite this surge, its trading volume dropped by 12.8%, settling at $1.46 billion. Traders are watching closely, noting the mixed momentum.
ADA surged by over 26% in the preceding week, last week’s closing in the region of $0.7375. Such a jump has made ADA appealing on the radars for traders in general. More so, rather than price movements, sentiment related to Cardano’s future technical crossovers and long-term directions once again triggered much deliberation between bulls and bears.
Fibonacci Patterns Support Bullish Outlook
Analyst Ali shared an in-depth TradingView chart that shows the trend might be reversing. According to his observation, ADA broke out of an old downtrend line in late June. He points to a likely bull cross between the 50- and 200-day moving averages, a classic technical sign that shows the momentum is shifting to the higher side.
The chart also indicates an eventual move on to $0.90 to $1.20, possibly driven by Fibonacci retracement levels. Currently, on July 13, ADA is solidly trading at $0.7380, which indicates near-term volatility but long-term promise. Yet, all are not upbeat. As much as some traders are bullish, sentiment on social media is still mixed, enthusiasm against concern.
Cardano Price Prediction for 2025
DigitalCoinPrice is predicting a reversal for ADA to between $1.43 and $1.62 at yearend, even a return toward an all-time high at $3.10. The website cited ADA’s high in January 2025 at $1.16 followed by a decline below $0.84, something not seen since 2021. Analysts mentioned in DigitalCoinPrice are in the opinion that ADA will be able to consolidate and gain pace in order to test old highs.
Changelly is even less bullish in their forecast. They place ADA’s 2025 trading range between $0.602 and $0.775. July 2025 is expected at an average price of $0.775, but a probable high July 2025 price is expected at $0.815. The 9.8% ROI forecast is conservative, but consistent. As ADA takes off or goes stale, all eyes are still on the charts and Cardano’s next breakout announcement.
