Cardano (ADA) could be on the verge of a massive rally, according to a projection by an ecosystem insider. The analyst highlighted a bullish inverse head and shoulders pattern—one that previously propelled ADA to new highs in the last cycle. If history repeats itself, ADA could target $2.9 or even $7.1 in the next bull run.
AMBCrypto’s log scale analysis of ADA dominance further supports this bullish outlook, revealing a potential 153% surge. But is the market sentiment strong enough to validate such predictions?
Search Interest vs. Whale Movements
A secondary analyst pointed to a significant rise in search interest for ‘Cardano price prediction’—a 170% increase over the past seven trading days. This spike suggests growing retail curiosity. However, when adjusted for a 90-day timeframe, Google search trends show a closer correlation with ADA price recoveries in January and March. Despite the short-term surge, search interest declined later in March, mirroring ADA’s price action.
JUST IN: Google searches for “Cardano price prediction” have surged 160% in the past 7 days—reflecting a sharp rise in community sentiment. pic.twitter.com/mRAQLbzAUq
— TapTools (@TapTools) March 27, 2025
From a whale perspective, large holders (10 million–100 million ADA tokens) significantly influence the altcoin’s price. This cohort currently holds 12.46 billion ADA, valued at approximately $8.8 billion. Notably, a sell-off by these major players in March led to a price dip, as their holdings fell from 12.74 billion to 12.46 billion ADA. Tracking their movements could provide crucial insights into ADA’s next move.
ADA’s Consolidation and Bitcoin’s Influence
ADA remains in a consolidation phase between $0.70 and $0.77, with its next breakout largely dependent on Bitcoin’s (BTC) trajectory. If BTC experiences an uptrend, ADA could follow suit, potentially validating the bullish projections.
Also Read: Cardano (ADA) Consolidation Signals Imminent Breakout – Will It Surpass $0.80?
While the technical indicators point to a possible rally, the real catalyst will be sustained investor interest and whale accumulation. As ADA traders watch key resistance levels, the coming weeks could determine whether the altcoin is poised for a 10X breakout or remains in a prolonged accumulation phase.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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