Cardano Price Analysis: Analyst Maps ADA Path to $10 – But Here’s the Catch

Cardano’s ADA is trading around $0.90 as the broader crypto market remains sluggish. Despite the lackluster action, trader Crypto Patel has shared a new chart that paints an ambitious picture, indicating ADA could eventually break into double digits. His analysis points to a bullish structure that has been building for years, but the big question is whether a move to $10 can really happen in this cycle.

What Patel’s Chart Shows

Patel’s chart is based on the 2-week timeframe for ADA/USDT on Binance. It highlights a rising channel that has guided price action since the 2022–2023 bottom. Within this channel, a broad accumulation zone formed in the mid-$0.50 to $0.70 range, where ADA has consistently found support. Recently, ADA bounced strongly from this zone, flipping it into what Patel calls a “launchpad.”

The first major test above is the red resistance band between $1.00 and $1.10. ADA has failed to close above this level multiple times, and Patel notes there is plenty of liquidity waiting just above. A clean breakout could unlock momentum and potentially double the price over time.

Beyond that lies the real hurdle: the heavy supply zone around $2.90. This was the ceiling from the last cycle and represents the true turning point for ADA. Patel’s chart indicates that if Cardano can push through and hold above this level, it could open the door to higher targets in the $4 to $5 range. From there, he maps a path that stretches all the way to $10 and, on a longer horizon, even $20.

Why $10 Looks Hard This Cycle

The roadmap is clear, but the numbers show how ambitious a $10 target really is in 2025. From $0.90, it would take more than a 10x rally, pushing ADA’s market capitalization above $300 billion. That kind of move would require a roaring altseason, massive liquidity rotation into large caps, and a wave of adoption strong enough to convince the market that Cardano deserves to be valued alongside Ethereum.

History is not on ADA’s side either. The token is still more than 70% below its all-time high near $3.10, while Ethereum sits just 15% under its peak and looks closer to retesting it. Cardano has consistently underperformed over the last two years, and while the structure Patel shows is technically bullish, price has yet to demonstrate the strength to follow through.

For ADA to even attempt a double-digit run, it would first need to reclaim $1.10, then turn $2.90 into support. Only then would a climb toward $4 to $5 look realistic. At that point, further upside could depend on clear catalysts like significant growth in TVL, real-world adoption of Cardano’s ecosystem, and consistent demand for ADA itself. Without those, the $10 projection may be better reserved for the next cycle.

Bottom Line

Patel’s analysis makes a strong technical case for ADA’s long-term potential, showing a clear bullish channel and a series of higher targets. But while the path to $10 exists on the chart, the gap between here and there is wide. For this bull run, a return to $2.50–$3.00 would already represent a major achievement, while double-digit prices still look more like an aspiration for the future than a base-case scenario in 2025.

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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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