TLDR
- Technical analyst Master Ananda predicts a 300% price increase for Cardano within three months and is aimed at $ 2.65
- Cardano recently broke out of a falling wedge pattern and signaled a potential ending to its correction phase
- Charles Hoskinson told CNBC Bitcoin could reach $ 250,000 at the end of 2025, which could help drive ADA over $ 2
- Ada step 4% on Thursday and reached close to $ 0.70 before meeting resistance
- Current price action shows ADA that floats around 50-day SMA, with the Bull Bear Power indicator that became positive for the first time since March
Cardano (ADA) shows strong signs of a potential price eruption. Technical analysts point to map patterns suggesting that Ada could see massive winnings in the coming months. With crypto currently acting about $ 0.69, some experts predict an increase to as high as $ 2.65.
Master Ananda, a crypto analyst at Tradingview, has released a chart report that predicts a massive price increase of 300% for Cardano over the next three months. This haus -like vision is based on the formation of a falling wedge pattern on ADA’s monthly charts.
A falling wedge is a reversal diagram pattern that often signals a raissered reversal after a period of decline. This pattern has been formed on Cardano’s chart since January 2025, characterized by lower heights and lower lows that gradually tighten.
According to the analysis, Cardano has now broken up to this falling wedge. This breakout can signal the end of Cryptocurrency long -term correction phase and the beginning of a new haus phase.
Master Ananda notes that Ada formed a higher low on April 7, 2025, in line with a critical support zone close to $ 0.57- $ 0.60. The analyst sees this as confirmation that Cardano may have reached a bottom.
Price target based on Fibonacci levels
Based on the current technical installation, Master Ananda predicts that ADA will see a 300%+ increase to $ 2.65. This goal is in line with the Fibonacci extension level 2.618 on the price diagram.
The analyst expects Cardano to break through several important Fibonacci levels, each serving as a future price target. The first main goal is at 0.382 FIB, which is in line with $ 0.81.
From there, Ada is expected to climb past 0.5 FIB to $ 0.91, 0.618 FIB to $ 1.01 and 0.786 FIB to $ 1.14. If momentum continues, the price can collect against $ 1.3 before it reaches 1,618 FIB to $ 1.83.
The final projected goal in this analysis is $ 2.65, which would represent an increase of 300% from current levels.
According to Master Ananda, ADA’s current price measure is just the beginning of a half -time haussey impulse that can extend into Q3 2025. While short -term price swings are expected, the structure for the falling wedge pattern proposes that Cardano enters a long -lasting growth phase.
Charles Hoskinson’s Haussearted Bitcoin pre -priest
Cardano founder Charles Hoskinson has made headlines with a hooked prediction for bitcoin, which may have positive consequences for ADA.
In a new CNBC interview, Hoskinson stated that Bitcoin could reach $ 250,000 at the end of 2025. He quoted several factors that could drive this growth, including the coming US crypt legislation and expected federal spare rates.
https://www.youtube.com/watch?v=-dyayv-1o8
Hoskinson explained that when the markets are stabilized and the Fed, interest rates, “will be a wall of capital to pour into crypto.” He also mentioned that institutional interest from large technology companies could lead to a speculative boom between August and September.
The Cardano founder expects the resulting wave of capital to flow sharply into altcoins, including ADA. Based on historical price correlations, if Bitcoin reaches $ 250,000, Cardano can break $ 2 in the next bike.
On Thursday, ADA rose by 4%and reached an intradation high close to $ 0.70 before withdrawing anything. This rally followed Hoskinson’s Hausseartan comments in the CNBC interview.
The ADAUSD Daily diagram shows price measures near the 50-day simple variable average to $ 0.6824. A prolonged closure above this level can signal a pressure to 100-day SMA to $ 0.763, with $ 0.75 as an immediate target.
From a speed perspective, the Bull Bear Power indicator has become positive to 0.0900 for the first time since the beginning of March, which indicates haussearted divergence. At the same time, 200-day SMA remains $ 0.7590 an important long-term resistance level.
For now, Cardano’s price Forecasting gently leans as structural and momentum indicators adapts. However, failure to turn $ 0.70 in support may trigger a $ 0.66 re -examination, which potentially delay the continuation.
The next few weeks will be crucial to determining whether ADA can build momentum against the higher price targets projected by analysts.
