Price Analysis
  • Yash Jain
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    Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.

    • 2 minutes read

    Cardano Price Forecast: Bullish EMA Structure and Whale Activity Hint at Breakout

    Story Highlights
    • Cardano price consolidates at major technical support levels, indicating bullish momentum brewing.

    • Falling wedge breakout and ascending channel point to strong year-end upside potential.

    • Whale accumulation and monthly EMA structure reinforce the bullish long-term Cardano price forecast.

    The Cardano price action has taken a bullish turn with technical patterns confirming long-term optimism. As ADA consolidates near key support, and on-chain metrics are improving, experts now believe the long run rally could explode big.

    EMA Structure Points to Healthy Support

    Cardano price today sits at $0.7283, up 0.37% intraday, with a trading volume of $866.11 million. Early August saw ADA take support from its 200-day EMA, and it now moves within the 20-day and 50-day EMA bands, which shows a consolidation before a breakout. 

    Whales Bought The Dip: Is Cardano Price Set For $1.00 In August?

    Zooming out on the ADA price chart, a clear 7-month falling wedge pattern emerges. July served as a breakout month, while the pullback in late July to early August appears to be a strategic reload phase. This movement suggests more buyers may be preparing for the next leg up, which could be parabolic.

    Ascending Channel Shapes ADA’s Near-Term Trajectory

    From a shorter frame starting in April, ADA has formed an ascending channel. July’s rally, which surged from the $0.55–$0.60 zone to a peak of $0.92, was a liquidation grab towards the upper channel boundary. The current pullback has now taken ADA to the lower channel border, which means a strong reaccumulation zone.

    Whales Bought The Dip: Is Cardano Price Set For $1.00 In August?

    If price rebounds from this area, the next targets in the Cardano price forecast suggest it could revisit July highs or breach $1.00, with potential upside even beyond. The ADA price USD trajectory from here hinges on this consolidation giving way to breakout volume.

    On-Chain Whales Strengthen Long-Term Outlook

    On-chain data from Santiment shows a unique trend. While addresses holding 1M–100M ADA are declining, larger whales (100M–1B ADA) are absorbing the selloff.

    This shows a strong sign of quiet yet confident accumulation by smart money.

    Whales Bought The Dip: Is Cardano Price Set For $1.00 In August?

    Additionally, ADA network activity has spiked across all active address metrics (1H, 24H, 7D), suggesting growing retail involvement.

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    FAQs

    How high could Cardano go by the end of 2025?

    According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.05 in 2025. 

    How much would the price of Cardano be in 2040?

    As per our latest ADA price analysis, 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.

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