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Cardano shows strong potential for price rally

Cardano's price has surged, showing signs of a potential rally toward $3.

July 18, 2025 at 02:25 PM

Can ADA price reach $3? Cardano greenlit for 216% rally

Cardano is currently breaking out, as multiple technical indicators suggest ADA’s upside is just beginning.

Cardano shows potential for massive rally as price targets $3

ADA, the native token of the Cardano network, has gained over 70% since late June, signaling the end of a prolonged downtrend. Recent bullish market signals indicate that ADA could rally as much as 216% to reach $3. As of Friday, ADA's price hit $0.89, marking a 20-week high and displaying strong upward momentum. The Bollinger Bands’ current state suggests high volatility, potentially leading to significant price increases. Despite being 350% below its all-time high of $3.10, Cardano is showing multiple buy signals on various time frames, painting an optimistic picture for investors.

Key Takeaways

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ADA price is up over 70% since late June.

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Technical signals suggest a potential rally of 216% toward $3.

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Price currently at a 20-week high of $0.89.

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Bollinger Bands indicate potential for explosive price moves.

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Cardano remains 350% away from its all-time high at $3.10.

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Bull flags and moving averages signal strong buy momentum.

"ADA price has rallied as much as 9% over the last 24 hours to hit a 20-week high of $0.89."

This highlights the recent market momentum for ADA, drawing attention to its potential growth.

"Historical data shows that breaking the upper band has led to massive rallies in price."

This underscores the significance of the Bollinger Bands in predicting future price movements for ADA.

"Even with the daily RSI at 80, history shows that ADA could still rally 130% more to $1.80."

This offers insight into the potential for continued growth despite current high levels of relative strength.

The recent surge in ADA's price reflects a broader trend in cryptocurrency markets, where sentiment shifts can trigger significant rallies. Investors are increasingly paying attention to Cardano's technical indicators, which seem to signal an ongoing growth phase. Historical data shows that when the Bollinger Bands tighten, dramatic price movements follow. This trend indicates that Cardano may not just stop at $1.80 but could be on track for even more substantial gains if the market conditions are favorable.