News View Non-AMP

Cardano Price Prediction Today: Breakout Above $1 Soon?

Published by
Anjali Belgaumkar

The cryptocurrency market is currently facing a downturn, with major coins experiencing price drops. Bitcoin (BTC) is trading at $102,584.12, down by 0.27% over the past 24 hours, though it still shows a 2.77% increase over the last week. Ethereum (ETH) has dropped to $3,141.78. Cardano (ADA) has fallen to $0.9424, showing a 1.13% drop in the past 24 hours, but it remains up by 5.47% over the past seven days. XRP is also down slightly, trading at $3.11, down 0.03% over 24 hours.

Cardano Price Analysis

As of now, ADA is holding above the 50% retracement level, which has acted as significant support around $0.83. On the resistance side, analyst Josh of Crypto World said that Cardano is facing the “golden pocket” Fibonacci area, sitting between $1.13 and $1.23, which has been a major hurdle.

The cryptocurrency is essentially trading sideways between these levels, fluctuating between $0.83 and $1.20, as it struggles to break out in either direction. Despite the sideways price action, the overall trend remains bullish, with ADA continuing to form higher lows and higher highs on the weekly chart.

For a big move higher, Cardano needs to break through the golden pocket resistance. If this happens, the next target would be around $1.70 to $1.76, aligning with the next Fibonacci resistance zone. However, expect continued resistance in the $1.13 to $1.23 range if the price makes its way back there.

As always, it’s important to keep an eye on Bitcoin’s price action, as it tends to influence the broader crypto market. Any major movements in Bitcoin could have a ripple effect on ADA and other cryptocurrencies.

FAQs

How high can Cardano go by the end of 2025?

According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.62 in 2025.  

How much would the price of Cardano be in 2040?

As per our latest ADA price analysis, the Cardano could reach a maximum price of $69.33.

How much will the ADA coin price be in 2050?

By 2050, a single Cardano price could go as high as $329.56.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Bitcoin Price Prediction: Bullish And Bearish Scenarios Explained

Bitcoin is currently in a quiet phase. The price has been moving sideways without any…

July 25, 2025

The Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC

The Smarter Web Company PLC, a publicly listed firm in the UK, has just added…

July 25, 2025

Ripple News: Here’s Why XRP ETF Hype Could Be a Short-Lived Win

ETF analyst James Seyffart from Bloomberg recently explored an interesting hypothetical scenario. What if spot…

July 25, 2025

Experts Believe 1 Of These 3 Cryptos Will Dominate 2025 Like Shiba Inu (SHIB) Did In 2021

Shiba Inu’s 2021 surge still echoes through crypto forums, and analysts now say one of…

July 25, 2025

Pi Coin Under Pressure: Security Concerns Rise as Price Hovers Near Lows

Pi Coin has had a rough run lately. Prices are low, and users are worried…

July 25, 2025

Dogecoin (DOGE) Skyrockets 17%, But This Crypto Could 3x Faster With Only 10% Supply Left

Dogecoin (DOGE) has recently captured headlines with an impressive 17% surge, reigniting excitement among traders…

July 25, 2025