Crypto Analyst Says Cardano (ADA) Price Could Mirror XRP Parabolic Rally – Here’s the Target
Web3 researcher CryptoGen-Athos believes Cardano price could be setting up for a breakout similar to XRP massive run over the past year. In a post on X, he said ADA looks ready for an “impulsive rally” after breaking through a key multi-year resistance level.
The analyst compared Cardano current setup to XRP price action starting in November 2024. XRP broke out from around $0.50 and quickly climbed to $2.90 by December.
After a brief pullback, it hit $3.40 in January, then set a multi-year high of $3.66 in July. From the breakout point, that move marked a gain of more than 630%.
CryptoGen-Athos thinks ADA price is now in a similar position. He pointed out that Cardano has been breaking out of a multi-year structure, with momentum supported by higher timeframe charts.
Crypto Researcher CryptoGen-Athos Reveals Explosive #Cardano Setup for Those Who Missed #XRP Parabolic Run.🧵🧵🧵 pic.twitter.com/3TFPxuMdxv
— TheCryptoBasic (@thecryptobasic) August 11, 2025
Cardano Price Multi-Year Breakout
ADA traded inside a falling wedge from December 2023 until September 2024. In March 2024, it hit resistance near $0.81 but was rejected back into the pattern.
After breaking out of the wedge in late September, ADA price rallied to $1.32 in November. Since then, $0.81 has been a stubborn resistance level.
Now, ADA appears to be clearing that price point, with momentum shifting bullish. The analyst noted that liquidity remains thin and sentiment low, which can often lead to faster moves when buying pressure kicks in.
Read Also: Kaspa (KAS) Price Prediction for Today (August 11)
Price Targets and Other Analyst Views
CryptoGen-Athos’ chart points to a run toward $3, close to ADA’s all-time high of $3.16. That would be an increase of around 264% from current levels.
Other analysts share a bullish outlook. Ali Martinez said ADA is tracking a similar pattern to its 2021 run, though at a slower pace. Deezy predicted that if ADA price matches even half of its 2021 performance, itcould reach $10 this cycle. Several market watchers have echoed the $10 target for the coming rally.
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