The post Analyst Says Get Ready for Another Cardano Bull Run, Targeting $1.33 appeared on BitcoinEthereumNews.com.

An analyst on TradingView expects another Cardano bull run, citing a repeating formation that led to the December 2024 run. This comes at a time when Cardano (ADA) has shown renewed signs of strength as the crypto edges higher within a recovering market. Over the past 7 days, ADA has largely traded within a narrow range between $0.54 and $0.60. A notable swing low occurred on July 1, when the price briefly dipped to approximately $0.54. As of today, ADA has rebounded to $0.6045, marking an 8.89% increase in the past 24 hours and a 6.23% rise over the last week. The latest surge in ADA’s price action has attracted the attention of analysts, including Arman Shaban on TradingView, who has offered a bullish projection based on Smart Money Concepts. Shaban’s analysis of the 3-day ADA chart outlines a complete market structure cycle, highlighting the significance of both historical and current order blocks. Key Cardano Order Blocks and Historical Context According to Shaban’s chart, a bearish order block formed after ADA surged to $0.79 on March 4, 2024. The block, established between the $0.58 and $0.62 levels, led to a decline, with the price eventually interacting with a bullish order block and demand zone. This move saw ADA fall to $0.27 by August 4, 2024. Cardano Price Prediction However, the same demand zone, combined with a fair value gap, served as a launchpad for ADA in November 2024. From a low of $0.32, the price surged dramatically, breaking past the previous bearish order block and reaching nearly $1.32 by December 2, 2024, before facing resistance. Current Price Action Targets Bearish Order Block Currently, after sweeping liquidity below the $0.51 mark, ADA appears to be making another move toward the existing bearish order block. Shaban suggests that this could catalyze a…

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Filed under: News - @ July 3, 2025 2:29 pm