Cardano Price Prediction 2025: Here Are The Bullish and Bearish Scenarios for ADA Rise
Cardano Price Prediction 2025: Here Are the Bullish and Bearish Scenarios for ADA Rally appeared first on Coinpedia Fintech News.
Cardano is a third-generation chain, built to overcome the shortcomings of primitive chains. With a broad use case, the price of ADA was expected to closely follow Bitcoin or at least Ethereum. Unfortunately, the price was able to reach a high of $3 and is now struggling to recover $1 after facing a notable rejection from the highs of $1.327. Market participants remained pessimistic about the Cardano price rally and shifted their focus away from the token.
Meanwhile, the current pullback provides a good entry point, as ADA price is expected to rise further.
The recent surge in ADA price has also attracted significant social sentiment. According to social intelligence platform LunaCrush, Cardano’s social activity across the crypto markets is on the rise. The price has seen an increase of over 5%, and social activity has increased by over 2.35%. However, the price is hovering around a pivotal support around $0.92, where bullish hopes above $1 may revive.
What's next for ADA price? Will it make a new all-time high in 2025?
Historical ADA price action suggests that the token is re-forming the previous pattern. The ADA price formed a double top pattern followed by a significant pullback, indicating temporary lows. A similar pattern was observed at the beginning of the year, followed by a significant spike similar to the one before, indicating a 7x to 10x increase through 2025, with a new high somewhere around $10.
Apart from the chart pattern, the RSI is also showing a similar trend as it is about to re-enter the overbought zone, showing a bullish divergence. On the other hand, the Gaussian channel has turned green, indicating the start of an uptrend. Therefore, it is believed that Cardano (ADA) price will remain consolidating for a few weeks, followed by a massive breakout to the ascending trend line, completing a massive parabolic curve.