Cardano Price Prediction: Bulls Target $1.85 to $2.40 as Support Holds Firm at $0.90

Cardano is once again stealing the spotlight, with market watchers pointing to a fresh setup that could fuel its next big move. After outperforming heavyweights like Ethereum and Bitcoin in Grayscale’s latest rankings, ADA is now showing signs of renewed strength on the charts.

Cardano has secured the second spot in Grayscale’s Top 10 Crypto Assets for 1-week returns, highlighting the network’s growing momentum in a market that remains highly competitive. With a 17.7% return over the past week, ADA only trails behind Chainlink, placing it ahead of giants like Ethereum, Solana, and Bitcoin in this short-term performance.

Cardano’s ADA secures the #2 spot in Grayscale’s weekly rankings with a 17.7% return, surpassing Ethereum, Solana, and Bitcoin. Source: Mintern via X

This recognition underscores Cardano’s ability to stand out among top-cap assets, especially as on-chain activity and ecosystem growth continue to strengthen its long-term positioning. With momentum shifting back into ADA’s favor, the possibility of challenging for the number one spot looks increasingly attainable. If the trend holds, Cardano price prediction may be gearing up for one of its more decisive moves in this cycle.

Cardano’s price action is showing a constructive setup as the hourly RSI has reset back to mid-levels, relieving earlier overbought conditions. TheDAppAnalyst believes this type of reset often provides room for buyers to step in again, keeping the uptrend intact. ADA’s structure on the chart reflects a series of higher lows since the $0.80 region V-shaped rally, and the recent test near $0.95 to $1.00 highlights where sellers have concentrated. If bulls defend this RSI reset with renewed accumulation, the next breakout attempt could carry more strength than the last.

Cardano’s hourly RSI reset signals renewed buyer momentum, with higher lows keeping the uptrend intact. Source: TheDAppAnalyst via X

From a technical perspective, the key range to monitor remains between $0.93 support and $1.00 resistance. A clean push above $1.00 would not only mark a psychological level but also confirm momentum divergence favoring the bulls. With RSI cooling and price holding within a consolidation band, Cardano looks poised to build pressure for its next directional move. In context with its strong performance in Grayscale’s recent rankings, ADA’s technical reset signals that buyers may be preparing for another leg higher.

Cardano price is trading around $0.96, up 2.97% in the last 24 hours. Source: Brave New Coin

Cardano’s price structure is beginning to replicate a clear fractal that has played out multiple times in the past. Dynamite_Fix highlights how each major rally has followed a successful EMA retest, often leading to explosive gains of 150–230%. This repeating setup, where ADA consolidates, retests its EMA, and then accelerates upward, suggests that the current retest around the $0.93 to $0.95 zone could be setting the stage for a similar move.

Cardano’s fractal pattern mirrors past EMA-driven rallies, hinting at a potential surge toward $1.85–$2.40. Source: Dynamite_Fix via X

If this fractal continues to hold, the immediate focus is on a clean breakout above $1.00, which would confirm the pattern and unlock the potential towards $1.85 to $2.40 levels.

With support holding firm near $0.90 and momentum indicators resetting favorably, Cardano’s repeating cycle of EMA-driven rallies adds weight to the Cardano price prediction.

Cardano has surged into the spotlight with a staggering $6.26 billion in 24-hour trading volume, outpacing heavyweights like DOGE, BNB, and TRX. This spike reflects a sharp uptick in market participation, with liquidity flowing strongly into ADA pairs across exchanges. High trading volumes of this magnitude are often viewed as a sign of deepening interest, where both short-term speculators and longer-term investors are positioning aggressively.

Cardano’s 24H trading volume hits $6.26B, surpassing DOGE, BNB, and TRX as liquidity floods into ADA. Source: Mintern via X

From Mintern analysis, strong volume typically acts as fuel for price continuation. ADA currently hovers near the $0.90 to $0.91 range, and this influx of trading activity provides the momentum needed to challenge the key $1.00 resistance level. If volumes remain elevated, Cardano could strengthen its market structure, creating the conditions for a sustained push higher.

Cardano’s blend of strong trading volume, repeated bullish fractals, and RSI resets paints the picture of an asset preparing for its next major move. With $1.00 standing as the pivotal level, a successful breakout here could not only confirm buyer strength but also open the gates to higher price zones.

ADA bulls need to defend the $0.90 to $0.93 range to spark a clean push through resistance to begin one of its strongest rallies this cycle, which could very well target $1.85 to $2.40 levels.