According to analysis by Clifton Fx, Cardano's latest price action has confirmed a bullish breakout of the multi-month bull flag pattern on the three-day chart. The breakout follows a steady climb in ADA prices from the downtrend line and is now breaking through key resistance levels. Technically, such breakouts typically signal the continuation of a strong uptrend.
Clifton Fx's current forecast is for a "massive bullish rally of 100-150 per cent" in the coming weeks. In other words, if momentum holds, ADA prices could rise to the $1.60- $1.75 range. These levels were last seen during the rally in early 2024.
Analyst: 150% "massive bullish rally" in ADA expected in coming weeks
2025-08-14 10:00:33
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