BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Cardano ADA Price Prediction: Stage is Set for Breakout Above $1.13 if THIS Happens

by Drop Gorn
May 17, 2025
in Cardano, Crypto, Finance, Opinion
A A
Cardano ADA Price Prediction: Stage is Set for Breakout Above $1.13 if THIS Happens
9
SHARES
Share on TwitterShare on Reddit
  • Cardano Breaks Out of Falling Wedge: After a prolonged downtrend, ADA has successfully broken above the upper boundary of a falling wedge pattern, retesting the former resistance near $0.77, which now acts as support and a potential launchpad for further gains.
  • Key Price Targets Identified: Rose Premium Signals highlights three key price targets in the short to mid-term: $0.9508, $1.0295, and $1.1316. If bullish momentum continues, ADA could rally toward these levels, with $1.13 representing a substantial move from current prices.
  • Bullish Phase in Sight: With technicals aligning and sentiment shifting positive, ADA may be setting up for a significant breakout. However, holding support at $0.77 remains crucial to sustaining the current momentum and preventing a retrace.

Cardano (ADA) is waking up – and it might just be getting started. The token’s been on a tear lately, climbing around 40% over the past five weeks. And according to Rose Premium Signals, this move could be the start of something bigger.

ADA Breaks Out of Falling Wedge – What’s Next?

In a recent chart update shared on X, Rose Premium Signals highlighted a key breakout for ADA. After months of being trapped in a falling wedge pattern, the token finally broke above the upper boundary in May. Since then, it’s retested the former resistance zone, which now looks like it’s acting as support. That level? Just below $0.77 – a spot that’s now serving as a launchpad for the next leg up.

The wedge itself started forming back in early March, with multiple touches confirming the structure. Now that ADA’s cleared that upper trendline, sentiment is shifting bullish, and the setup suggests a much bigger move could be on deck.

Cardano Ada Price Technical Analysis

Price Targets – $0.95, $1.02, and $1.13

According to Rose Premium Signals, there are three key targets to watch in the short to mid-term: $0.9508, $1.0295, and $1.1316. Each level marks a potential resistance point where price might stall or consolidate before the next move higher. If ADA can hit the final target of $1.13, it would be a substantial jump from current levels – and a clear signal that the bullish momentum is in full swing.

Interestingly, these targets align closely with Rose Premium’s earlier call for $0.84, $1.00, and $1.18 – a sign that the technicals are lining up across multiple analyses.

What’s Next for Cardano?

ADA is showing signs of life after months of consolidation. If it can maintain support above the breakout level and attract enough buying pressure, the path to $1.13 – or even higher – could open up fast. For now, though, all eyes are on that $0.77 zone. If it holds, Cardano could be gearing up for its most bullish phase in months. But if it falters, the rally might fizzle before it really gets going.

Tags: $ADACardanoRose Premium SignalsX
Tweet2ShareShare4

DON'T MISS THESE! HOT OFF THE PRESS

Whales Go Big on Hyperliquid as Retailers Tread Lightly
Crypto

Whales Go Big on Hyperliquid as Retailers Tread Lightly

June 15, 2025
SUI Forms Bullish Pattern as Price Action Hints at Breakout
Crypto

SUI Forms Bullish Pattern as Price Action Hints at Breakout

June 15, 2025
Hoskinson Teases Bigger XRP Plans Beyond Just Stablecoin on Cardano
Cardano

Hoskinson Teases Bigger XRP Plans Beyond Just Stablecoin on Cardano

June 15, 2025
Dogecoin Under Pressure as Whale Moves Stir Market Jitters
Crypto

Dogecoin Under Pressure as Whale Moves Stir Market Jitters

June 15, 2025
XRP Price Tightens Up — Breakout Incoming?
Crypto

XRP Price Tightens Up — Breakout Incoming?

June 15, 2025
Ethereum Struggles at $2,600, But Big Money Might Be Betting on a Bounce
Crypto

Ethereum Struggles at $2,600, But Big Money Might Be Betting on a Bounce

June 15, 2025
Load More

Related News

Whales Go Big on Hyperliquid as Retailers Tread Lightly

Whales Go Big on Hyperliquid as Retailers Tread Lightly

June 15, 2025
SUI Forms Bullish Pattern as Price Action Hints at Breakout

SUI Forms Bullish Pattern as Price Action Hints at Breakout

June 15, 2025
Hoskinson Teases Bigger XRP Plans Beyond Just Stablecoin on Cardano

Hoskinson Teases Bigger XRP Plans Beyond Just Stablecoin on Cardano

June 15, 2025
Dogecoin Under Pressure as Whale Moves Stir Market Jitters

Dogecoin Under Pressure as Whale Moves Stir Market Jitters

June 15, 2025
XRP Price Tightens Up — Breakout Incoming?

XRP Price Tightens Up — Breakout Incoming?

June 15, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.