Cardano Price Prediction: ADA Builds Bullish Case with ETF Speculation and New Upgrades
By: bitcoin ethereum news|2025/05/04 15:30:01
0
Share
ADA Targets $0.75 Breakout as ETF Buzz, Lace Wallet Expansion, and Bullish Technicals Build Momentum. Crypto makes a comeback in full swing, and Cardano is quietly stepping into the spotlight. With fresh ETF buzz and key tech upgrades rolling out, ADA Cardano Price looks poised to turn recent momentum into something more meaningful. Crypto Market Cap Reclaims $3 Trillion Bitcoin and the broader crypto market are showing strong signs of resilience. Total crypto market capitalization has surged past the $3 trillion mark, with daily volumes above $86 billion. This bounce reflects renewed investor confidence, likely fueled by the recent wave of ETF developments and macro tailwinds favoring digital assets. Crypto market cap reclaims the $3 trillion milestone. Source: TradingView Amid this upswing, Cardano is quietly picking up attention. In a post shared from TapTool’s Bloomberg ETF analysts now estimate a 75% chance of the SEC approving a Cardano ETF, an upgrade that’s giving ADA bulls something to watch. While the token has lagged behind some rivals in price action, growing institutional interest could offer a fresh tailwind if approval materializes. Cardano’s ETF approval odds rise to 75%, hinting at growing institutional interest despite recent price lag. Source: TapTools via X Cardano Eyes Bullish Breakout With the crypto market cap holding strong above $3 trillion, altcoins like Cardano are starting to stir. ADA Cardano Price is currently near $0.6880, showing signs of life after rebounding from a low of $0.5105. The 50-day moving average at $0.6742 has now firmed up as support, keeping bullish hopes alive just beneath a long-standing downtrend. Crypto analyst Kurdopia points out a possible cup and handle pattern forming on the daily chart, hinting that a breakout above the $0.7250 level could unlock further upside. A close above that zone would set sights on the next major resistance at the 200-day moving average near $0.7662. Cardano eyes a breakout above $0.73 as a potential cup and handle pattern builds bullish momentum. Source: Kurdopia via X Momentum looks cautiously promising. ADA’s recent rally cleared its short-term moving averages, and volume spikes on green days suggest buyers are stepping in on dips. The broader trendline from the March high of $1.0275 remains a critical barrier, but with the handle of the pattern tightening, a confirmed move through $0.73 could bring Cardano back into the conversation for a sustained recovery. Cardano Price Prediction: RSI Signals Set the Stage for What’s Next With crypto still riding the momentum of its $3 trillion market cap comeback, Cardano’s latest chart action shared by crypto analyst Trade Byte is sparking curiosity. The image above shows ADA’s daily RSI tracking closely with Ethereum’s, both reflecting recent cooling after a heated start to the year. Cardano’s RSI is mirroring Ethereum’s consolidation phase and hinting at steady growth ahead. Source: Trade Byte via X Zooming out, the bigger picture holds promise. There are targets of Cardano potentially doubling this cycle, and some long-term predictions even float the idea of $10 by 2029. In the shorter term, sentiment leans toward a slow and steady climb into Q4, with $1 to $2 feeling like a fair target if market conditions play along. The path won’t be perfectly smooth, but ADA’s current RSI setup and the strength of the broader cycle suggest it’s still firmly on track. Cardano’s Lace Wallet and ETF Prospects Signal a New Chapter Cardano’s been making some quiet but pretty interesting moves lately. The Lace wallet just added Bitcoin support, pulling BTC right into Cardano’s orbit. Crypto analyst JaromirTesar called it a smart move that pushes ADA deeper into the cross-chain game, aiming to compete more directly with big names like Ethereum and Solana. Charles Hoskinson even described it as a “powerhouse” step. Adding to that, the odds of a Cardano ETF are now rounded up to 75%, which, if it happens, could open the door to a whole new wave of interest. With real utility now intersecting with stronger institutional attention. Final Thought Cardano’s roadmap is quietly gaining traction, blending technical resilience with growing real-world utility. Price-wise, ADA is holding above its 50-day moving average near $0.67, a level that’s kept bullish hopes intact for now. The next big test sits just overhead at the $0.73 to $0.76 zone, where a decisive breakout could change the near-term outlook. With the Lace wallet expanding cross-chain functionality and ETF approval odds climbing, Cardano is setting itself up for a slow but steady climb. It’s not fireworks yet, but the technicals and fundamentals are gradually aligning in ADA’s favor. Source: https://bravenewcoin.com/insights/cardano-price-prediction-ada-builds-bullish-case-with-etf-speculation-and-new-upgrades
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.