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Cardano (ADA) may finally be stepping into a long-anticipated bull phase, as technical indicators confirm a strong reversal and momentum shifts decisively in favor of the bulls. Crypto analyst MasterAnanda has issued a confident outlook for ADA, declaring the asset has confirmed a breakout above a critical resistance zone, setting the stage for a major rally.
Cardano Leads the Market with Double-Digit Gains
Amid a broader market recovery, Cardano is leading the pack. In the last 24 hours, ADA has surged by 13%, the largest gain among the top 10 cryptocurrencies by market capitalization. Over the past week, ADA has appreciated 19.57%, outpacing peers like Bitcoin and Ethereum, and signaling renewed investor interest in the proof-of-stake blockchain.
According to MasterAnanda’s recent TradingView analysis, Cardano’s ultra-bullish scenario is now underway. The breakout has occurred in style, with ADA reclaiming the 200-day moving average and forming what could become the base of a powerful upward trend.
Golden Cross and MA200 Break Confirm Bullish Reversal
One of the biggest technical catalysts fueling ADA’s current move is the golden cross on its weekly chart—a crossover between the 50-day and 200-day moving averages. This rare event is often seen as a strong confirmation of long-term bullish sentiment and has not previously appeared on ADA’s weekly chart.
In addition to the golden cross, Cardano has cleared the 200-day moving average (MA200), currently located around $0.644. According to MasterAnanda, this is the key level that ADA needed to break to “officially flip bullish.”
“The breakout above MA200 is the signal bulls have been waiting for. Now we target much higher levels,” he commented.
Strong Support Zone Fuels Momentum
Cardano’s latest rally isn’t just technical. For the past several months, ADA has been consolidating above a strong support zone that formed around $0.50 to $0.58. This five-month-old demand area has acted as a startpad, providing enough buying momentum for the recent breakout.
This firm foundation, combined with Bitcoin’s climb to new all-time highs, has created ideal conditions for altcoins like Cardano to shine.
Bullish Target Set at $1.83—And That’s Just the Beginning
MasterAnanda predicts that Cardano could soon rally to $1.83, a price not seen since November 2021. From the current price of $0.690, this projection represents a 165% upside.
Importantly, the analyst describes this target as “conservative,” hinting that ADA’s real rally could stretch even further as bullish momentum grows.
“This is just the start,” said MasterAnanda. “We’re in for an ultra-bullish ride that could redefine ADA’s long-term trend.”
He recommends building altcoin positions now, suggesting that Cardano and similar tokens will be key performers in the next phase of the crypto bull cycle.
Other Analysts Agree: ADA Could Reach $10
MasterAnanda is not the only analyst expecting a major breakout for Cardano. The team at Bitcoinsensus recently identified an ascending broadening wedge, projecting a potential surge to $2.40 in the near future.
Meanwhile, well-known market veteran Dan Gambardello believes Cardano could eventually break its all-time high of $3.16 and climb toward $10. He considers this price realistic due to Cardano’s improving fundamentals, including its growing DeFi ecosystem, increasing developer activity, and potential spot ETF inclusion.
Another respected voice, Ssebi, supports this long-term view. He cited catalysts such as Bitcoin DeFi development, U.S. government crypto reserves, and broader institutional adoption as potential drivers of a 1,349% surge for ADA.
ADA Bull Case Gains Steam in 2025
While ADA has lagged behind during previous bull runs, this time might be different. The technical and fundamental signs are finally aligning for a full-fledged recovery. With bullish sentiment returning to the crypto market and ADA breaking major resistance levels, analysts are now looking at $1.00, $1.83, and beyond as feasible short-term targets.
The long-term forecast sees ADA playing a larger role in smart contracts and DeFi, particularly as more institutions explore Ethereum alternatives.
Conclusion: Is Now the Time to Go All-In on ADA?
According to analysts like MasterAnanda, yes. Cardano is finally showing the technical strength and market confidence required for a breakout. With the golden cross, MA200 breakout, and strong support base in place, ADA’s bullish scenario appears firmly intact.
While no investment is risk-free, Cardano’s recent price action and strong fundamentals suggest that it could be one of the top-performing altcoins of 2025. As always, investors are advised to manage risk wisely—but for those waiting for the green light on ADA, this may be it.
