TimesTabloid
2025-07-21 17:00:27

Analyst: Cardano (ADA) Price at $1 Is Now a Matter of When

Cardano’s native token, ADA, is on a strong upward trajectory , currently trading around $0.92. This marks a significant recovery from lows near $0.55 earlier in July, with the token gaining over 60% in less than a month. As momentum builds, analysts are increasingly confident that ADA’s next major milestone, $1, is inevitable. A Clear Breakout Signals Strength Respected crypto analyst Ali recently shared his outlook on X, declaring, “For Cardano $ADA, hitting $1 isn’t a question of if. It’s a matter of when.” This sentiment is backed by key technical developments. ADA recently broke out of a descending parallel channel that had suppressed its price action since May. It has also closed several daily candles above key resistance levels, signaling the beginning of a bullish trend reversal. The emergence of a rounding-bottom pattern, typically a strong reversal signal, further supports the bullish case. ADA has also reclaimed the 200-day simple moving average and is now testing the crucial resistance zone between $0.85 and $0.90. A confirmed breakout above this range would likely open the path toward $1, and possibly higher. For Cardano $ADA , hitting $1 isn’t a question of if. It’s a matter of when! pic.twitter.com/4sJONaNQb7 — Ali (@ali_charts) July 21, 2025 Whale Activity and On-Chain Momentum Supporting the technical indicators is a noticeable spike in on-chain activity, especially from large investors. Analysts have noted a surge in whale transactions, with over 137 transfers exceeding $1 million in recent days. Daily trading volume has also surged past $1.2 billion, reflecting growing interest and liquidity around ADA. This uptick in activity signals renewed confidence among large holders, often seen as a precursor to further price appreciation. ETF Optimism and Broader Market Tailwinds A key macro catalyst fueling optimism is the rising probability of a spot ADA ETF approval in the United States. Market platforms such as Polymarket currently place the odds at 84%, a development that could unlock institutional capital and significantly bolster ADA’s price action. Analysts warn that the $1 mark could prompt some short-term profit-taking, but the current structure suggests that sustained buying pressure, especially above $0.90, could invalidate any major pullbacks. If ADA can close above this key level on the daily timeframe, the path to $1 becomes even clearer. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Outlook: Not If, But When While some analysts suggest ADA could briefly retrace to $0.47 before its next major leg up, the overwhelming consensus is that $1 is the next realistic target. More bullish projections go even further, with long-term price forecasts ranging from $1.30 to $12, depending on broader market conditions and Bitcoin’s trajectory. Still, the most immediate and credible milestone remains $1. With the technical structure improving, on-chain metrics surging, and potential ETF catalysts in play, the groundwork appears to be firmly laid. As Ali rightly said, it’s no longer a matter of “if” ADA will hit $1; it’s simply a matter of when. And with momentum building on all fronts, that “when” may arrive sooner than most expect. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: Cardano (ADA) Price at $1 Is Now a Matter of When appeared first on Times Tabloid .

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