{"id":14130,"date":"2025-08-07T10:12:46","date_gmt":"2025-08-07T09:12:46","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14130"},"modified":"2025-08-07T10:12:48","modified_gmt":"2025-08-07T09:12:48","slug":"is-cardano-poised-to-hit-1-35-soon-analysts-bold-prediction","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/is-cardano-poised-to-hit-1-35-soon-analysts-bold-prediction\/","title":{"rendered":"Is Cardano Poised to Hit $1.35 Soon ? Analyst’s Bold Prediction"},"content":{"rendered":"\n

Technical Analysis and Price Predictions for Cardano<\/h2>\n\n\n\n

Although Cardano’s<\/a> price has dropped by 2.35%<\/strong> to reach $0.72<\/strong>, analysts remain optimistic about its future. According to a descending wedge chart pattern, a bullish breakout followed by the resistance line flipping to support is a strong signal for buyers, indicating they’re gaining momentum<\/strong>.<\/p>\n\n\n\n

In this scenario, if the broader cryptocurrency<\/a> market experiences a recovery, Cardano’s price could surge by 101%<\/strong> to reach $1.35<\/strong>, with $5<\/strong> as a long-term target. However, the chances of SEC approval for a Cardano ETF have recently diminished, creating some uncertainty.<\/p>\n\n\n\n

\"ADA<\/figure>\n\n\n\n

From a technical perspective, ADA has a bearish trendline to break through, which almost guarantees a rebound to over 94 cents<\/strong> in the coming weeks if the market continues its short-term uptrend.<\/p>\n\n\n\n

Subsequently, ADA could reach between $1.08 and $1.20<\/strong>. The $1.35<\/strong> level would primarily help capture liquidity above the March 11 high. However, taking profits at $1.19<\/strong> remains a more cautious approach in an altcoin market that’s still very indecisive.<\/p>\n\n\n\n

Despite this setback, Cardano’s growing presence in decentralized finance (DeFi), with over $325 million<\/strong> in total value locked, and the “Midnight” airdrop increasing its holder count to 3.1 million<\/strong>, keeps investors hopeful.<\/p>\n\n\n\n

Key Factors to Watch<\/h2>\n\n\n\n

While bullish predictions for Cardano are encouraging, investors should remain vigilant about potential challenges. The chances of SEC approval for a Cardano ETF, as well as the broader altcoin market evolution<\/strong>, will be crucial elements to monitor in the coming months.<\/p>\n\n\n\n

\"ADA<\/figure>\n\n\n\n

Additionally, Cardano’s ability to maintain its momentum in the DeFi sector and attract new holders through initiatives like the NIGHT airdrop<\/strong> will be essential to support a sustainable price increase.<\/p>\n\n\n\n

From a short-term technical perspective, the $0.745<\/strong> zone will be crucial to watch. If this bearish trendline is broken, ADA could return to $0.80<\/strong> soon. Conversely, it’s absolutely necessary to maintain support at $0.72<\/strong>.<\/p>\n\n\n\n

How to Buy Cardano (ADA) on Bitget ?<\/h2>\n\n\n\n

ADA remains an interesting long-term investment as its DeFi ecosystem<\/strong> experiences renewed interest. Moreover, ETFs<\/strong> will provide the crucial institutionalization that Hoskinson’s blockchain needs.<\/p>\n\n\n\n

Here’s a guide to invest in Cardano<\/strong> right now on Bitget :<\/p>\n\n\n\n

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  1. Create a Bitget account<\/strong> : Visit the official Bitget website<\/a> and sign up with an email address or phone number. Complete identity verification (KYC) to access all features.<\/li>\n\n\n\n
  2. Deposit funds<\/strong> : Log in, go to the “Deposit” section and choose a currency (fiat or crypto, such as USDT or BTC) to fund your account via bank transfer or crypto transfer.<\/li>\n\n\n\n
  3. Buy ADA<\/strong> : In the “Markets” or “Spot Trading” section, search for the ADA\/USDT or ADA\/BTC pair. Enter the desired amount and execute the purchase order (market or limit order).<\/li>\n<\/ol>\n\n\n\n
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    Buy ADA on Bitget and receive $10 in just a few clicks ! <\/a><\/div>\n<\/div>\n\n\n\n

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