- ADA broke out from a months-long bull flag pattern, hinting at a 100–150% rally.
- Long-term holders are at record highs, with 15B ADA unmoved for over a year.
- Retail interest in Cardano is spiking, matching past altcoin rotation phases.
Cardano’s ADA might finally be ready to shake off months of slow, choppy trading — with some market watchers now calling for prices to double in the coming weeks.
Bull Flag Breakout Signals Momentum Shift
On the three-day chart, ADA has just pushed through a multi-month bull flag pattern, according to Clifton Fx. The move followed a steady grind higher from the lower trendline, breaking past key resistance in a way that technical traders love to see. Historically, these kinds of breakouts tend to set the stage for extended rallies.
Clifton Fx’s projections are bold — they’re talking about a 100% to 150% rally from here, which would put ADA somewhere in the $1.60 to $1.75 range if momentum holds. Those levels haven’t been touched since early 2024, but the token’s recent performance is adding credibility to the call. In just the past 24 hours, ADA has jumped about 20% to $0.99, marking a five-month high and outpacing most of the top-tier cryptocurrencies.
Traders Setting Higher Targets
The rally has also caught the attention of independent analysts like Trader_Jibon, who’s eyeing a return to ADA’s November peak near $1.32, followed by a potential push to the mid-2022 highs around $1.63. These are still well below Clifton Fx’s upper targets, but they’re significant levels for traders tracking medium-term resistance zones.
Long-Term Holders and Retail Interest on the Rise
Under the surface, long-term holder behavior is also painting a bullish picture. Around 15 billion ADA hasn’t moved in over a year — the highest level yet — suggesting reduced selling pressure and growing conviction among investors.
At the same time, retail interest is perking up. Google Trends shows searches for “altcoin” hitting their highest point since 2021, while “Cardano” has seen a five-month surge in search traffic. Historically, such spikes often happen during market phases when capital rotates out of Bitcoin and into altcoins — much like the ICO wave of early 2018 or the DeFi/NFT frenzy in 2021.
What Comes Next
With technicals lining up, long-term holders sitting tight, and retail interest heating up, ADA is in a position to deliver the kind of move traders have been waiting for. But as always, whether it’s the modest targets or the wild $1.75 call that plays out will depend on momentum holding — and on the broader crypto market keeping its current bullish vibe intact.
