Altcoins News

Story: Cardano Forms Bullish Cup and Handle Pattern, Eyes $4 Breakout Potential

By Julie Binoche

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Cup and Handle Pattern Hints at Major Rally. The cup and handle pattern identified in Cardano’s long-term chart is a well-known technical…

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ADA Nears Critical Resistance at $0.92. At the time of writing, Cardano is trading at $0.7845, reflecting an 11.5% drop over the past week.

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Whale Accumulation Hints at Imminent Breakout. One of the key indicators supporting the bullish case for Cardano is the extended accumulation…

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Broader Market Momentum Adds Support. Cardano's bullish setup aligns with the broader crypto market's recovery.

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Analysts Predict ADA Recovery and Upside. Several analysts and influencers are turning optimistic about ADA’s near-term future.

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Long-Term Forecasts Eye Double-Digit Prices. Looking further ahead, some long-term forecasts for Cardano are highly ambitious.

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Final Thoughts. While short-term price action remains cautious, Cardano’s technical setup and long-term…

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Cardano (ADA) is currently forming a classic bullish chart pattern known as a cup and handle, signaling a potential major breakout ahead.

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The cup and handle pattern identified in Cardano’s long-term chart is a well-known technical formation that typically signals the continuation of a bullish trend.

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The “handle” phase followed between March and July 2025, showing a period of sideways consolidation between $0.75 and $0.92.

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At the time of writing, Cardano is trading at $0.7845, reflecting an 11.5% drop over the past week. Despite the recent decline, ADA remains close to the $0.

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Analysts typically project breakout targets by adding the depth of the cup to the breakout level. In this case, the cup’s depth is approximately $0.

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Crypto Smith notes that this accumulation phase has now ended, with whales reportedly done accumulating.

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Cardano's bullish setup aligns with the broader crypto market's recovery. July 2025 has seen renewed bullish sentiment, with top cryptocurrencies like Bitcoin recently hitting a…

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Several analysts and influencers are turning optimistic about ADA’s near-term future. Michael Pizzino, a well-known market commentator, recently noted Cardano has broken out of a…

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