Bull Flag Confirmed on ADA — Next Stop: $3!

Cardano Breakout: Is the Downtrend Finally Over?

Cardano (ADA) has finally broken out of its long falling channel after months of sideways and downward movement. The current price is around $0.88 after a strong rally from the $0.45 zone.

Here’s what the chart shows:

ADA broke above the trendline that had been holding it down since late 2023.

Strong price momentum and a shift in structure suggest bulls are in control.

A large demand zone sits between $0.58 and $0.75, which now acts as support.

If the price stays above $0.78–$0.80, there’s a good chance for more upside.

What to expect next:

Price may pull back slightly to retest the breakout zone.

If that level holds, the next major targets are around $1.10 and $1.35.

If Bitcoin remains stable or altcoins gain strength, ADA could push even higher in the coming weeks.

Key Levels:
Support – $0.75, $0.68
Breakout Level – $0.80
Resistance – $1.10, $1.35

Overall, this breakout is an important shift. If the retest is successful, ADA might finally enter a new uptrend.