Altcoins News

Story: Cardano (ADA) Price Jumps 27% in One Week—Is $1 Next?

By James Thorp

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ADA Trading Volume and Price Performance Strengthen. At the time of writing, Cardano is trading at $0.7357, showing a small daily gain of 0.28%.

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Chart Patterns Point Toward a Breakout. Technical analysts are closely watching ADA’s current chart formation.

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Momentum Indicators Support the Bullish Outlook. Volume is an essential signal in technical analysis.

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Forecasts for ADA Price in 2025 Remain Divided. Market experts remain divided on how high Cardano can go in 2025.

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What Could Drive the Next Move for ADA?. Several factors could impact ADA’s price in the short and long term:

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Conclusion: ADA Eyes $1, But Will It Hold?. Cardano has posted an impressive 27% gain in just one week, backed by rising volume and bullish…

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Cardano (ADA) is turning heads once again. After weeks of relatively quiet trading, the popular proof-of-stake blockchain is showing signs of life.

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At the time of writing, Cardano is trading at $0.7357, showing a small daily gain of 0.28%. However, it’s the weekly momentum that has caught the market’s attention.

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This uptick in activity suggests that both retail and institutional investors are once again paying close attention to ADA.

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Technical analysts are closely watching ADA’s current chart formation. Market analyst CryptoBullet recently highlighted a symmetrical triangle pattern forming on the ADA price…

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The triangle consists of two converging trendlines: a blue support line that dates back to 2021, and multiple descending resistance lines shown in red.

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According to CryptoBullet’s analysis, the chart—mapped on a logarithmic scale from late 2020 to mid-2025—shows a green target zone above $1.60.

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Volume is an essential signal in technical analysis. In ADA’s case, the volume bars beneath the chart have shown a clear spike near the critical resistance zones.

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If ADA breaks above the red resistance line from the triangle, analysts believe it could quickly climb toward the $1.60 to $3.

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Market experts remain divided on how high Cardano can go in 2025. On the optimistic side, DigitalCoinPrice predicts that ADA could surpass $1.62 by the end of this year.

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