Cardano Price Prediction: Can ADA Break $0.70 and Target $1 with ETF Speculation in Play?

Cardano price eyes a breakout above $0.70, with long-term targets at $1 and beyond fueled by ETF speculation and Bitcoin DeFi momentum.

Cardano hasn’t made much noise lately, but that might be about to change. The ADA Cardano price is sitting near some key zones, and a recent breakout from a symmetrical triangle is starting to shift the mood.

Zooming out, ADA’s long-term trend is still intact, and recent technicals are lining up with a broader narrative. From ETF rumors to chatter about Cardano playing a bigger role in Bitcoin DeFi, the bigger picture is starting to form. Whether it follows through or fades, it still needs to be seen.

Could Cardano Power Bitcoin DeFi? One Scenario Points to $20!

In a post on X, The Altcoin Oracle used ChatGPT to outline Cardano’s future if it becomes a primary Bitcoin DeFi enabler. The post outlines a scenario where ADA reaches between $10 and $20, driven by BTC liquidity migration and institutional use.

Cardano’s future as a Bitcoin DeFi enabler could push ADA to $10-$20 by 2030. Source: The Altcoin Oracle via X

While it’s still a big “if,” the concept isn’t far-fetched given Cardano’s focus on interoperability and low-cost infrastructure. The forecast assumes a major shift by 2030, where Bitcoin acts as the reserve asset while Cardano takes on smart contract duties. If that plays out, Cardano could rival Ethereum in terms of DeFi dominance, supported by native BTC-ADA bridges and a more streamlined user experience.

ADA Cardano Price Holds Long-Term Uptrend Structure

Building on the speculative outlook around ADA’s future role in Bitcoin DeFi, the current ADA Cardano price trend is showing surprising resilience. According to Cardano Hieronymus, the multi-year trendline for ADA has not been invalidated, and price action continues to respect the structure despite recent volatility. At around $0.645, ADA is still moving along the broader upward trajectory that’s been forming since 2018.

Cardano maintains its long-term uptrend, with price action respecting the multi-year upside. Source: Cardano Hieronymus via X

In the chart, crypto analyst Cardano Hieronymus uses a simple line to show how ADA has been trending higher through multiple market cycles.

Cardano Price Prediction: Breakout Above $1 Would Be a Bull Run

Following the strength shown in ADA’s long-term trendline, a new chart from Leader Alpha suggests that Cardano is setting up for a breakout. The price has been consolidating within a multi-year descending triangle, and now sits right at the edge of compression. The analyst notes that if ADA breaks above the $1 level, it could set the stage for a potential run toward $3.85 by year-end.

Cardano price targets a breakout above $1, with the potential for a rally to $3.85 by year-end. Source: Leader Alpha via X

This builds on the previous narrative, but with a sharper technical edge. The multi-year descending trendline from ADA’s 2021 highs is now being tested. A confirmed weekly close above $0.68 to $0.70 would be a turning point. A break of this long-standing resistance would trigger a longer-term bullish reversal.

Could Cardano Be Next in Line for an ETF?

Following the recent technical strength and long-term trend resilience we’ve seen in ADA, there’s now talk of another positive trigger. In a new clip, Dollar Cost Crypto suggested Cardano is “set to do very well this cycle” and floated the idea of an ADA ETF possibly joining the lineup.

Cardano gains interest as a potential candidate for an ETF. Source: Angry Crypto Show via X

As institutions explore beyond Ethereum and Solana, ADA’s strong long-term structure and growing narrative as a Bitcoin DeFi layer are giving it a legitimate seat at the table. The momentum is there, and if interest keeps building, an ADA ETF might not be that far as it’s already in the limelight.

Cardano’s Technical Outlook

After weeks of holding its long-term structure, Cardano might finally be shifting gears in the short term, too. As shared by a famous crypto chartist, Ali Martinez, ADA has just broken out of a symmetrical triangle pattern on the 1H chart. This breakout adds weight to the bullish case built by ADA’s resilience above $0.645, aligning with earlier analysis from Leader Alpha and Cardano Hieronymus.

Cardano is breaking out of the symmetrical triangle, signaling potential for further gains. Source: Ali Martinez via X

Technically, the next resistance point lies around $0.68 to $0.70, a zone that lines up with the trendline resistance. A clear move past that could confirm ADA’s breakout not just on the lower timeframe but in the broader multi-year setup too. Considering the ETF chatter and Cardano’s potential DeFi future, this kind of technical follow-through could act as a real confidence boost for the market.

Final Thoughts: Too Big To Be True?

The idea of Cardano powering Bitcoin DeFi or even landing its own ETF sounds exciting, and it definitely has people talking. From trendline strength to triangle breakouts, ADA’s recent price action is giving some technical reasons to stay optimistic. In the short term, Cardano’s upside depends on these signals continuing to play out, backed by growing interest.

Big predictions like $10 to $20 ADA or a full Bitcoin-to-Cardano DeFi pipeline are still “what if” scenarios, not confirmed. While the Cardano Price Prediction has some strong bullish cases, the market has yet to deliver a clean confirmation. Until we see consistent volume, stronger adoption, and sustained sentiment, a cautious outlook may serve better than full-blown hype.