Cardano Price Prediction: ADA Builds Bullish Case with ETF Speculation and New Upgrades
The post Cardano Price Prediction: ADA Builds Bullish Case with ETF Speculation and New Upgrades appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ May 4, 2025 7:16 am