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Nidhi Kolhapur
Nidhi Kolhapur
Author
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
- Apr 23, 2025 12:40 UTC
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Cardano Price Eyes $5 After 17% Surge
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ADA $ 0.7277 (0.74%) 
Whale wallets holding 100K–100M ADA are growing, fueling Cardano’s bullish momentum and investor optimism.
Analysts predict ADA could surge up to 1000%, with $2.91–$5 long-term targets based on chart patterns and market trends.
Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest.
Whale Accumulations On the Rise
Onchain data from Santiment also showed whale accumulations. Whales holding between 100,000 to 100 million ADA have increased their holdings since April 14, further adding to the bullish sentiment.
Expert Dan Gambardello thinks that Cardano will face strong resistance around $3, where many investors regret not selling before. He expects some price volatility in that area, before it eventually rises to $5, like a quick stop before the next big jump.
- Also Read :
- Will Bitcoin Price Hit $100K This Week or Crash Again?
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Analysts Predict ADA Surge Up to 1000%
Cardano held strong at the $0.50 support level on April 7 and has since rallied 21% in two weeks. If Cardano keeps rising and breaks above the 200-day EMA (Exponential Moving Average) at $0.71, the next resistance could be at $0.74, possibly reaching $0.80. This could be a major psychological level for traders. The RSI (Relative Strength Index) is also currently at 57 and trending upwards.
Analyst Javon Marks foresees a 354% surge for Cardano to as high as $2.91. His outlook is based on ADA’s current chart pattern. ADA may follow Bitcoin’s lead in a broader market rally through April.Additionally, Martinez shared that Cardano is breaking out and predicts the next target could be $0.77.
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FAQs
Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future.
Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.
As per our latest ADA price analysis, Cardano could reach a maximum price of $69.33.
By 2050, a single Cardano price could go as high as $329.56.
Yes 
No 
