Cardano is showing a promising technical setup that could lead to a major rally. Analyst Clifton Fx recently shared a bullish update on ADA, pointing out that a bullish flag pattern has broken to the upside on the 3-day timeframe.
He believes this move could trigger a massive rally of between 100% and 150% in the coming weeks. The chart shared by Clifton Fx shows ADA breaking free from a long-term downtrend and moving decisively above the resistance line.
Historically, such breakouts from bullish flags have led to sustained upward moves, especially when backed by strong volume. If this momentum holds, the Cardano price could be setting up for its biggest rally in months.
Cardano Price Breaks Above Key Support Zone
Another crypto analyst, RISK, has highlighted bullish developments on ADA’s daily chart. He noted that Cardano has broken above the $0.90 to $1.00 range after forming a series of higher lows since July.
This pattern reflects growing buying strength and a potential end to the long accumulation phase that has kept ADA trading sideways.
RISK’s analysis points to $1.20 to $1.30 as the next major resistance zone. This level has historically acted as a strong supply area where sellers tend to take control.
A clean breakout above this zone could flip the market structure in favor of buyers, opening the door for ADA to target $1.60 and even $2.00 in the months ahead.
Pullback Possible but Broader Trend Remains Bullish
While the outlook for Cardano remains bullish, RISK also cautions that a short-term pullback is possible. The price could retest support levels before continuing its move higher. However, as long as ADA continues to hold above $0.90 and maintains its pattern of higher lows, the broader trend is expected to stay in favor of buyers.
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If both analysts’ projections play out, the Cardano price could be in the early stages of a rally that takes it close to or even beyond the $2.00 mark. For now, traders are watching closely to see if the breakout momentum can hold and whether ADA can clear its next key resistance levels.
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