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The Cardano price rose 3% in the last 24 hours to trade at $0.6424 as of 3:32 a.m. EST on a 45% pump in trading volume to $474 million.
This uptick in the ADA price comes as Ali Martinez, a popular analyst on X, predicts that ADA will pump 27%.
#Cardano $ADA is still consolidating within a triangle pattern, setting the stage for a potential 27% price move. pic.twitter.com/AWH84U1FnJ
— Ali (@ali_charts) April 21, 2025
Cardano Price Poised For A Breakout
The ADA price on the daily chart shows that the asset has been trading within the falling wedge pattern and is now preparing for a breakout.
This breakout is significant because it is near the 50-day (currently at $0.6963) and 200-day (currently at $0.7537) Simple Moving Averages (SMAs), as GeckoTerminal data shows.
While the Cardano price remains below both of these critical long-term trend indicators, and is attempting to reclaim them as support. A decisive close above these levels could confirm a larger bullish reversal.
Meanwhile, the Relative Strength Index (RSI) currently sits at 49.24, which places it in the neutral zone. This suggests that ADA is neither overbought nor oversold at the moment, giving it room to move in either direction.
Moreover, the blue Moving Average Convergence Divergence (MACD) has crossed above the orange signal line, and both are inching towards the zero mark.
This bullish crossover, especially following a prolonged bearish phase, could signal the beginning of a trend reversal.
ADA Price Prediction – Bullish Reversal Signals A 27% Surge
Assuming ADA continues to build on its recent breakout attempt, the first immediate resistance level lies at the 50-day SMA around $0.6963, followed by the 200-day SMA near $0.7537.
If the price of Cardano successfully breaks and holds above these levels, it could trigger a rally towards the $0.82–$0.83 region, which is also the measured move target of the breakout. This represents a potential gain of approximately 27.91% from current price levels.
Conversely, failure to hold the $0.60 support could result in a retest of lower levels around $0.55. However, with indicators tilting slightly bullish and the ADA price structure improving, the outlook appears cautiously optimistic.
Meanwhile, crypto investors are turning to BTC Bull Token (BTCBULL), a promising Bitcoin-themed meme coin.
YouTube channel 99Bitcoins, which boasts over 725K subscribers, predicts 10X gains for BTCBULL holders after the token launches.
BTC Bull Token Presale Racing Towards The $5 Million Milestone – Next Crypto To Explode?
BTC Bull Token is a one-of-a-kind project that enables its holders to earn real Bitcoin rewards without the need to invest in BTC directly.
The project’s presale has already raised over $4.86 million, signaling rising interest amid a volatile market.
BTCBULL holders will receive free Bitcoin when BTC crosses $150K and again at $200K. These events are designed to reward loyal supporters directly during high-momentum market phases.
Perhaps the most anticipated event of all is that when Bitcoin reaches $250,000. When the market leader reaches this milestone for the first time, the project will conduct a monumental airdrop, distributing 10% of the entire 21 billion token supply to early supporters.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
In addition to BTC airdrops, the team will also carry out token burns, permanently removing a portion of the total supply. The aim is to follow Bitcoin’s footsteps and increase scarcity and value.
Bitcoin Bull token holders can earn passively by staking their tokens for a 84% annual percentage yield (APY).
Investors that want to participate in the presale can visit the official BTC Bull Token website to buy BTCBULL for $0.00247 each using BNB, ETH, USDT, or a bank card.
Buy BTCBULL before a price hike in about 1 hour to secure the best deal.
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