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Can Cardano (ADA) Still Double in Price This Bull Run ?
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Can Cardano (ADA) Still Double in Price This Bull Run ?

As the crypto market enters a new bullish phase, Cardano is catching the eye of investors. Could its price truly double by the end of the cycle? Various indicators hint at ADA's potential for surprises, given certain conditions. Here's what you need to know.

Written by Hugo Le follézou

Translated on April 29, 2025 at 10:39 by Sarah

Cardano ADA price surge in uptrend.
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ADA Ready to Explode ? Another 100% Surge Possible

The cryptocurrency market has recently experienced a sideways trend. However, some assets like Cardano (ADA) are starting to show encouraging technical signs. Currently trading around $0.70, the ADA price has recently held above a major technical support level, hinting at a significant rebound potential in the weeks ahead.

Technical Analysis : Moving Back Above the 50-Day Moving Average

According to CoinMarketCap data, Cardano’s market capitalization stands at nearly $24.7 billion. This reflects a moderate but strong long-term investor consensus. From a technical perspective, the fact that the ADA price has moved back above its 50-day moving average (50 DMA) at around $0.6750 is a particularly encouraging signal.

Cardano ADA price analysis

This upward crossing of the 50 DMA suggests that the downtrend observed in late March/early April has been broken. Risks are now tilted to the upside, with potential for a return towards major major resistances in the $1.20 – $1.30 zone.

Solid Long-Term Prospects Amid Uncertain Environment

However, a widespread new “altcoin season” triggering ADA’s rise to historical highs above $3 is unlikely. High macroeconomic uncertainties, notably signs of US economic fragility increasing recession risks, play a role in this scenario.

Moreover, the Federal Reserve seems reluctant to ease its tight monetary policy, concerned about “persistent” inflation. In this context, a massive breakout of altcoins like Cardano appears compromised in the short term.

Why ADA Appeals to Long-Term Investors

Despite the mixed macroeconomic environment, Cardano boasts strong fundamentals that make it an attractive long-term investment. While projects like Ethereum (ETH) or Solana (SOL) show advanced adoption, Cardano stands out for its rigorous development. It also aims to become the leading DeFi blockchain for Bitcoin.

Its Ouroboros consensus protocol, based on proof-of-stake, offers an ecological and secure alternative to networks using proof-of-work. Additionally, Cardano’s focus on rigorous academic research provides it with a robust technical foundation and sustainability.

Key project initiatives include the Midnight protocol aimed at enhancing privacy and strategic partnerships in emerging markets. The integration of Bitcoin liquidity into Cardano’s DeFi ecosystem, revealed at the Bitcoin 2025 event, is also a major advancement.

ADA in Consolidation Phase : Is It Time to Buy on Bitget ?

Indeed, the macroeconomic environment is uncertain and technical factors are limited, ruling out the possibility of a spectacular immediate rebound for ADA. Nevertheless, Cardano remains one of the most promising projects for long-term investors. With a market capitalization still modest compared to its direct competitors, the ADA token offers an attractive asymmetric return potential.

Savvy investors may view the current consolidation phase as a strategic accumulation opportunity. The potential for a return to higher price levels is feasible in the years ahead. While a new all-time high seems unlikely in the short term, Cardano’s medium and long-term prospects remain strong. If you wish to buy Cardano easily, we recommend the Bitget platform.

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Hugo Le follézou

Hugo Le follézou

Passionate about the crypto world, he explores the blockchain ecosystem to extract the most essential insights. With his expertise in SEO and web writing, he transforms news and technical analysis into clear, engaging, and impactful content. His goal? To help investors better understand the opportunities and challenges of the crypto market.

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