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Top Analyst Predicts Cardano May Revisit All-Time High Quickly

0 4

Top Analyst Predicts Cardano May Revisit All-Time High Quickly

Crypto Analyst touts Cardano to go vertical and revisit its 2021 all-time high. Will Cardano reach $3 and beyond in this bull run?

In a post shared by Angry Crypto Show on X, prominent analyst and trader Ivan on Tech believes Cardano (ADA) could break out sharply and return to its all-time high. He stated that Cardano could suddenly trade vertically, potentially revisiting its peak of $3.09, reached in September 2021.

At press time, ADA trades at $0.84693, a 2.0% increase in the last 24 hours. It has gained 51.5% over the past month and narrowed its weekly loss to 3.2%. Despite this recovery, ADA remains 72.59% below its all-time high.

Meanwhile, crypto influencer Becker also added that Ethereum’s strength may lift other altcoins. He listed ADA, along with XRP, DOGE, SUI, AVAX, and SOL, as coins likely to benefit.

Cardano’s Current Price Prediction

Data from TradingView reveals Cardano is showing strong bullish momentum, with the majority of its moving averages across short to long-term periods flashing buy signals.

While most oscillators, including the RSI and Stochastic, remain neutral, the Momentum indicator points to a possible short-term upward push, even as the MACD suggests mild selling pressure.

ADA is currently trading above its pivot point of $0.60, with resistance levels extending up to $1.04, indicating room for further gains.

Meanwhile, Crypto analyst Hardy highlighted Cardano’s eight-year streak of zero downtime or hacks, calling it a network built to last. With ADA securing a weekly close above the key $0.74 level, he signaled a bullish outlook and identified $1.13 as the next target.

Did you know, $ADA has been running for 8 years with no downtime or hacks?

Its built to last!

We got a weekly close above $0.74 – BULLISH 🔥

Next target from here, $1.13 🎯

Have you been stacking these lows? https://t.co/r6BW6tsVLw pic.twitter.com/ASuqdp5G6J

— Hardy (@Degen_Hardy) July 26, 2025

Analysts Bullish on Cardano’s Long-term Potential

Further, a weekly chart shared by Mintern noted that Cardano appears to be following a recurring bullish pattern. The chart highlights three descending wedge formations, each followed by a breakout and a strong price rally.

Cardano 1W Chart

ADA recently broke out of a similar wedge pattern after bouncing off long-term trendline support near $0.7485 and $0.5298. The setup suggests Cardano could be preparing for another upward move, potentially retesting its all-time high of $3.09 if the trend continues. Mintern suggests Cardano could reach $11 during this cycle.

Meanwhile, another analyst, Tyler Burke, predicts ADA will reach $11 to $12 by 2026. In a chart shared on X, a parabolic rise following years of accumulation and sideways movement suggests that ADA could be gearing up for a major breakout in the next market cycle that could see a 10x uptick in the token’s price.

Cardano 1D Chart

Source

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