Greetings

 

Coinpedia
News

Cardano (ADA) Price Prediction, Expert Sets $15 Target

Chandan Gupta13 Feb 20252 min read

Since the beginning of 2025, the overall cryptocurrency market has been experiencing a notable price drop. Amid this, Cardano (ADA) has formed a pattern similar to the one it formed in 2020 to 2021 before it soared parabolically.

Cardano (ADA) Upcoming Parabolic Rally

Looking back at history, a prominent crypto expert made a post on X (formerly Twitter) stating that ADA has been mirroring the 2020 pattern at a slower pace, which could soon lead to a parabolic rally.

The weekly ADA chart the expert added to the post shows that, from 2020 to 2021, the asset’s price soared from $0.12 to $3, marking a 2,600% price surge. If this happens and ADA successfully mirrors the 2020 to 2021 rally, there is a strong possibility that ADA could soar by 1,960%, reaching the $15.70 level in the future.

However, such a rally in the cryptocurrency landscape is achievable. Looking at the political support, rising cryptocurrency adoption, strategic reserves, and the creation of crypto ETFs, these factors could easily propel the crypto industry to the next level.

Current Price Momentum

Besides all this, ADA is trading near $0.79 and has witnessed a price surge of over 1.50% in the past 24 hours. During the same period, its trading volume dropped by 30%, indicating lower participation from traders and investors compared to the previous day.

However, while the overall cryptocurrency market has been witnessing impressive upside momentum, ADA’s mild gain is due to the recent resistance it has been facing for the past three weeks.

ADA Price Action and Price Prediction

According to the expert’s technical analysis, ADA is near a crucial resistance level of $0.85 and seems to be struggling to breach this level.

Based on the recent price action and historical patterns, if the asset successfully breaches the resistance level and closes a daily candle above $0.85, there is a strong possibility it could soar by 35% to reach the $1.14 level once the market sentiment shifts.

With the ongoing market recovery, ADA has positioned itself above the 200-day Exponential Moving Average (EMA) on the daily time frame, indicating an uptrend.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

#Crypto news#Price Analysis
Chandan Gupta
Chandan Gupta

Author

Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space

More in News

News

Kava Price Prediction 2029, 2027 – 2030: Will KAVA Price Shoot To $1?

Kava Network positions itself as a hybrid Layer-1 blockchain combining the developer flexibility of Ethereum with the speed and interoperability of Cosmos. Its unique co-chain architecture allows Ethereum Virtual Machine (EVM) compatibility alongside Cosmos SDK infrastructure, aiming to deliver high performance with low fees. Now that the KAVA token is trading near $0.045, investors are questioning whether Kava can …

Qadir AK·27 Aug 20261 min

News

XRP News Today: 44 Million Rakuten Pay Users Get Direct Access to XRP in Biggest Japan Rollout Yet

Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was one of the ecosystem’s most recognisable voices Bankless co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a …

Qadir AK·19 Jun 20262 min

News

Ethereum Crashes 60% As Analysts Dump ETH And Rotate Into These Altcoins

Table of ContentsWhy Hoffman SoldA Second ExitEthereum Market OutlookInstitutional DemandLayer-2 GrowthWhat This Means For ETH HoldersKey Levels To Watch Bankless Test co-founder David Hoffman recently disclosed that he has sold his entire Ethereum holding, a move that caught the crypto community off guard, given that Hoffman spent years promoting the concept of ETH as money and was …

Qadir AK·4 Jun 20262 min