Cardano Bullish Outlook: ADA Could Rally 366% to $2.96

Cardano-ADA

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  • ADA’s higher highs and lows indicate a strong bullish structure.
  • Analysts target $2.96, a 366% rally from current levels.
  • Recent dips are seen as short-term corrections, not trend reversals.

Cardano (ADA) may be experiencing a brief lull, but analysts see the token gearing up for a significant rally. After a recent high of $0.685, ADA slipped 3% below its opening price, followed by a further 2% drop to $0.635. Despite this short-term decline, experts argue that Cardano’s long-term bullish structure remains intact.

Javon Marks, a market analyst, highlighted that Cardano has maintained a clear uptrend despite recent setbacks. According to Marks, the token’s recent pullbacks could mark the end of its minor bearish phase, paving the way for another strong upward leg.

Bullish Structure Remains Strong

Cardano’s technical foundation continues to support optimism. Since breaking out from a descending trendline in early November 2023, ADA has consistently formed higher highs and higher lows—a classic indicator of an ongoing uptrend. Notable milestones include a high of $0.81 in March 2024 and a higher low of $0.279 in October 2025, which confirmed the bullish structure remains intact.

This pattern suggests that Cardano is building momentum for a major move. Analysts note that holding above breakout points and maintaining the higher low pattern strengthens the likelihood of another price surge.

Price Targets Signal Significant Upside

Looking ahead, Javon Marks projected a potential target of $2.96 for Cardano, representing a 366% increase from the current price of $0.635. Such a move would bring ADA close to its 2021 all-time high and aligns with broader market predictions. Some analysts, including Chris O, envision an even higher range between $5 and $8 for ADA in this cycle, depending on market conditions and adoption trends.

Also Read: Cardano Could Surge to $10 If It Captures 10% of Global Crypto Market

Investors and traders eyeing Cardano should note that while short-term volatility persists, the token’s technical fundamentals and higher-high formation indicate strong bullish potential in the months ahead.

Cardano Primed for Growth

Despite recent price dips, Cardano’s uptrend remains resilient. Analysts see its higher lows and breakout structure as signals of an imminent rally, with targets that could significantly surpass current levels. For ADA holders, the outlook suggests that patience may reward those positioned for the next major price swing.

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.