Is Cardano’s ADA Price Set to Spike? Proven Bull Flag Breakout Signals 100–150% Gains

Andrew Chen
Cardano ADA

Getting your Trinity Audio player ready...
  • ADA breaks out of a multimonth bull flag, signaling potential 100%+ rally.
  • Long-term holder base strengthens, reducing selling pressure.
  • Retail interest surges, boosting altcoin market momentum.

    Cardano (ADA) is showing signs of a strong bullish breakout after months of consolidation, capturing the attention of traders and investors alike. The altcoin has surged to $0.9683, reaching a five-month high and sparking renewed optimism in the cryptocurrency market. Analysts are now projecting the possibility of ADA prices doubling in the weeks ahead.

    ADA Price Enters Bull Flag Breakout Stage

    Recent technical analysis from Clifton Fx highlights that ADA has confirmed a bullish breakout from a multimonth bull flag pattern on the three-day chart. The token’s climb from the lower trendline has pushed it above key resistance levels, a move historically associated with strong upside continuation.

    Clifton Fx’s projections suggest a potential “100-150% massive bullish rally,” which could see ADA approaching $1.60–$1.75 if momentum persists. The gains also follow a 20% spike in the past 24 hours, underlining renewed buying interest and positioning ADA as a top candidate for high-percentage moves in the altcoin market.

    Long-Term Holder Base Strengthens

    Supporting the bullish outlook, Cardano’s long-term holder (LTH) base is hitting record levels. As of this week, 15 billion ADA have remained unmoved for over a year, indicating reduced selling pressure. This trend often signals a more stable foundation for price growth amid broader market volatility.

    Also Read: Cardano [ADA] Jumps 13% as ETF Speculation and Bullish Metrics Target $1.50 Breakout

    Retail Interest on the Rise

    Retail interest in Cardano and altcoins in general is surging. Google Trends data shows searches for “altcoin” reaching their highest point since 2021, with “Cardano” at a five-month peak. Historically, such spikes coincide with major capital rotation from Bitcoin into altcoins, as seen during the ICO boom of 2018 and the DeFi-NFT surge of 2021.

    Cardano’s breakout from a multimonth consolidation phase positions ADA for potential strong gains. With a growing long-term holder base and increasing retail interest, the altcoin could see further upside momentum in the weeks ahead. Traders and investors are closely monitoring ADA as it targets its next resistance levels, signaling a promising phase for Cardano in 2025.

    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

    Related Posts