Market analyst Javon Marks has predicted that Cardano (ADA) is set for a substantial market breakout that might generate an over 261% increase. Based on his analysis, Marks believes the ADA token is heading toward an imminent major breakout that matches a previous price surge of 300%.
“$ADA (Cardano) is pushing majorly towards another BREAKOUT and the last resulted in a nearly +300% gain!”
The analyst observed falling wedges on his chart study, as bullish market movements often occur when these shapes appear. Historically, ADA prices have shown evidence of upward breakthroughs after completing these patterns, which led to substantial upward price movement. As a result, Javon Marks predicts the token will reach between $2.70 and $2.91 after a profitable breakout from its current wedge pattern.
ADA Price Chart (Source: X Post)
Historical data shows that volume spikes during past breakouts signal robust investor interest during ascents. Marks’ analysis suggests that a comparable price movement could generate a quick ascent toward the anticipated price targets. Based on the current developing bullish technical configuration, ADA stands on the verge of another major price surge.
Analyst Eyes Major Breakout for Cardano (ADA)
From a similar point of view, market analyst Beastlorion believes Cardano may mirror its historical breakout trend by utilizing past price data analysis. The shared chart from Beastlorion showed how the cryptocurrency had previously experienced a major rally after forming a similar ascending pattern.
ADA Price Chart (Source: X Post)
The chart shows the ADA cryptocurrency moving within two rising long-term trendlines as the current price movement duplicates patterns from its previous breakout phase. The token saw its highest gains during its most recent outburst phase, making significantly more than hundreds of percent.
Consequently, Beastlorion acknowledges that this setup might offer another decisive move in the market. Among his recommendations were advocacy for diamond-hand behavior and opposition to short-term trading in the context of price oscillations.
“Time to lock in with diamond hands. No selling allowed,“ the analyst noted.
According to Beastlorion’s analysis, if ADA follows its previous trend, the cryptocurrency could be positioned for a significant move upward. While no specific price targets were outlined, the historical pattern suggests the potential for substantial gains if the breakout completes similarly.
ADA Forms Higher Lows, Indicating Bullish Continuation Pattern
Cardano (ADA) is trading at $0.71589 at press time, while its RSI stands at 59.92. This signifies a strong bullish momentum, suggesting that the buyers have reclaimed control after a long period of consolidation. Growing bull pressure is further indicated by the convergence of the MACD line (0.005) above the signal line (-0.01).
ADA/USD 1-Day Chart (Source: TradingView)
In addition, after reaching a bottom of $0.512 in early April 2025, ADA began moving up, with green bars showing on the MACD histogram, indicating that it’s currently undergoing a positive overall price movement. Based on technical analysis, the token can still rise to $0.8 as the bullish momentum remains sustained.
Continuation signs, with consecutive higher lows, also bear bullish signs in the ADA price structure. This would reinforce the technical indicators; an RSI above 70 could bring back the ADA cryptocurrency to $0.80, as long as the MACD could sustain its strength. The current ADA signals suggest upcoming higher targets.
Also Read: Helium Surges 77%: Will AT&T Partnership Boost HNT Price to $10?
