Quick overview

Live ADA/USD Chart

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Cardano (ADA) surged near $0.9, increasing its monthly gain to 11 percent. ADA needed to break through the $0.85 barrier to validate a bullish breakout—a milestone the cryptocurrency asset has now accomplished.

ADA’s momentum seems to be increasing despite last week’s turbulence.  Price action revealed ADA has more room for upside. Actually, $1 is the next target, which has increased traders’ optimism for further gains.

ADA had just emerged from a bull pennant, a pattern that frequently portends a future price spike. He pointed out that the chart shows that the last time ADA showed this configuration, it rallied 44 percent in a matter of weeks.

Market observers predict whether history will repeat itself with a robust breakout or whether the market will make a false move this time around as ADA is now pushing higher once more.
ADA has reverted to a crucial diagonal resistance level, which he refers to as the barrier that “releases the bull out of its cage,” according to cryptocurrency analyst Osemka. He stated that, in spite of mounting pressure to drop his 2026 cycle-end prediction, this configuration might be a sign for the larger altcoin cycle.

The market has already spent 50% more time accumulating than it did in the previous cycle, according to Osemka, so it is doubtful that the bull run will be finished in just three months. He contends that historical fractals, even when this prolonged accumulation is not taken into account, suggest a timeline that extends into June or July 2026.