Saad Ullah
Cardano (ADA), one of the top-performing altcoins, is showing renewed strength on the monthly chart. A recent breakout above long-term consolidation levels has sparked bullish predictions, with traders speculating whether ADA can reach $3, $5, or even $10 during this cycle.
ADA Price Breaks Out With +14% Monthly Gain
As of July 24, 2025, Cardano (ADA) is trading at $0.71296, up 14.06% for the month. The current monthly candle shows a high of $0.93392 and a low of $0.53684, confirming a strong bullish move.
The price has recently bounced off a long-term support and is now approaching a key diagonal resistance trendline stretching from previous cycle highs. This structure suggests that ADA may be preparing for a significant upward expansion if the breakout sustains.
Traders Eye $3, $5 and $10 as Potential ADA Price Peaks
With technical indicators like RSI nearing 54.03, and bullish momentum resurging, market participants are now projecting ambitious price targets. These include:
- $3 — a realistic revisit of 2021 highs
- $5 — a possible next Fibonacci level
- $10+ — an optimistic long-term cycle top if bullish momentum accelerates
The yellow resistance trendline on the chart, cutting across major previous highs, represents a psychological and technical barrier. A successful monthly close above it could validate the next leg up.
Saad Ullah
