Cardano Breakout Gains Speed: Is a $2 ADA Price Rally Now in Play?
The post Cardano Breakout Gains Speed: Is a $2 ADA Price Rally Now in Play? appeared on BitcoinEthereumNews.com. TLDR: ADA price rallies 19.5% in 24 hours, breaking from a symmetrical triangle formation. Cardano reclaims 50-week EMA, previously followed by over 100% price surges, RSI and volume spikes support ADA’s bullish continuation toward $1.77 and $2. Weekly structure mirrors past rallies, fueling trader optimism for more upside. Cardano (ADA) is gaining momentum as price action accelerates toward a critical resistance area. The asset has seen notable growth over the past week, drawing attention to a potential breakout. Traders now point to a familiar pattern forming, with historical data suggesting a sharp move could follow. With key technical levels approaching, ADA’s bullish setup is beginning to take shape. The move toward $2 appears to be gaining traction, backed by both price action and volume. ADA Price Surges Amid Technical Breakout Formation Cardano is currently trading at $0.7473 after rallying 19.5% in the last 24 hours, according to CoinGecko. ADA price on CoinGecko The past seven days have brought a 29.57% increase in price, fueled by breakout momentum. ADA’s chart shows the asset breaking out from a symmetrical triangle, historically known to precede strong rallies. Javon Marks noted that Cardano is following a clear pattern of higher lows and lower highs, forming repeated triangle structures. Each breakout in the past has triggered a substantial move upward. $ADA RIPPING! Prices are moving almost right in tune with its recent breakout action and this is likely the beginning stages of a significant continuation towards $2+. Cardano can 3X… https://t.co/MXXkXyDzFR pic.twitter.com/PYrKthYABx — JAVONMARKS (@JavonTM1) July 11, 2025 The current breakout appears to be following the same script, with price action suggesting early stages of a continuation toward the $2 level. Cardano is now testing the 50-week exponential moving average, a level that previously triggered massive rallies. Crypto analyst Mintern pointed out that ADA surged…
The post Cardano Breakout Gains Speed: Is a $2 ADA Price Rally Now in Play? appeared on BitcoinEthereumNews.com.
TLDR: ADA price rallies 19.5% in 24 hours, breaking from a symmetrical triangle formation. Cardano reclaims 50-week EMA, previously followed by over 100% price surges, RSI and volume spikes support ADA’s bullish continuation toward $1.77 and $2. Weekly structure mirrors past rallies, fueling trader optimism for more upside. Cardano (ADA) is gaining momentum as price action accelerates toward a critical resistance area. The asset has seen notable growth over the past week, drawing attention to a potential breakout. Traders now point to a familiar pattern forming, with historical data suggesting a sharp move could follow. With key technical levels approaching, ADA’s bullish setup is beginning to take shape. The move toward $2 appears to be gaining traction, backed by both price action and volume. ADA Price Surges Amid Technical Breakout Formation Cardano is currently trading at $0.7473 after rallying 19.5% in the last 24 hours, according to CoinGecko. ADA price on CoinGecko The past seven days have brought a 29.57% increase in price, fueled by breakout momentum. ADA’s chart shows the asset breaking out from a symmetrical triangle, historically known to precede strong rallies. Javon Marks noted that Cardano is following a clear pattern of higher lows and lower highs, forming repeated triangle structures. Each breakout in the past has triggered a substantial move upward. $ADA RIPPING! Prices are moving almost right in tune with its recent breakout action and this is likely the beginning stages of a significant continuation towards $2+. Cardano can 3X… https://t.co/MXXkXyDzFR pic.twitter.com/PYrKthYABx — JAVONMARKS (@JavonTM1) July 11, 2025 The current breakout appears to be following the same script, with price action suggesting early stages of a continuation toward the $2 level. Cardano is now testing the 50-week exponential moving average, a level that previously triggered massive rallies. Crypto analyst Mintern pointed out that ADA surged…
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