Cardano Community United – ADA Price Rally Could Surprise Many

Cardano is often called a slow mover. Its upgrades take time, and its price action can feel quiet compared to faster coins like Solana or meme favorites such as DOGE. But even with that reputation, Cardano still has one of the biggest and most loyal communities in crypto. And that support is now mixing with strong chart signals and growing ETF speculation that could set ADA up for a big move.

MoonBlitz’s Bullish View

Analyst MoonBlitz shared a chart that shows ADA holding firm above the Ichimoku cloud on the daily timeframe – a classic sign of bullish momentum. The price has also bounced strongly after forming a double-bottom near key support, which is often a launchpad for trend reversals.

He added an extra fundamental kicker: the chance of a Grayscale ADA ETF approval has climbed to 87% by October 22. If the SEC does give the green light, MoonBlitz argues ADA won’t stay quiet for long. His chart highlights nearby resistance around $0.92 and $0.97, with a potential breakout targeting the $1.30 area – roughly a 40–45% move from where ADA is now.

Javon Marks Sees a Multi-Dollar Run

The second chart, from analyst Javon Marks, zooms out to a bigger picture. Using long-term wave patterns, he believes ADA’s most bullish phase may have already begun. His projection calls for a rally of more than 432%, which could lift ADA well above $5, and possibly even toward $8 over time.

Marks points to a long accumulation structure that’s been in place for years. The way ADA broke from earlier cycles and set new highs gives him confidence that a similar explosive leg higher could follow if momentum builds and the market stays strong.

Read also: Cardano (ADA) Looks Ready for More Upside, Says Michaël van de Poppe

How Realistic Are These ADA Price Targets?

ADA trades around $0.90 today. A move to $1.30 on MoonBlitz’s shorter-term chart looks possible if buying pressure keeps up and the ETF narrative plays out. Going to $5 or even $8, as Javon Marks suggests, would mean a 5x to nearly 9x jump. That’s not impossible in a crypto bull run, but it would need a combination of strong market sentiment, major network adoption, and sustained institutional interest.

Cardano’s fundamentals – a large and active community, steady protocol upgrades, and growing DeFi and tokenization use cases – give it a base to build on. Still, those multi-dollar price calls should be viewed as long-term possibilities, not overnight moves.

For now, ADA’s technical setup looks strong, and the ETF story adds real fuel. If the market stays constructive, Cardano could surprise traders who think of it as too slow.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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