Cardano Price Prediction: ADA July Surge and Bullish Patterns Fuel $0.90 to $2 Outlook

Cardano is back in focus after a strong July rally, with eyes now on the $0.80 and $0.90 zones as potential breakout levels.

What looked like just another altcoin bounce is now shaping into something more structured, more intentional for Cardano. With patterns aligning and sentiment turning, ADA is moving back onto the radar.

Cardano’s current price is $0.75, up 3.91% in the last 24 hours. Source: Brave New Coin

Cardano Price Begins to Show Signs of Reversal

As the broader crypto market works its way out of a deep correction, Cardano price is starting to flash some early signs of strength. Analyst ViV Thakur recently pointed out that Cardano is “looking interesting,” and there may be substance behind that view. After months of low volatility and range-bound price action, ADA has been up 39% in July 2025 alone, one of its sharpest monthly moves in over a year. This likely means that ADA is carving out a potential reversal and lining up for a trending move.

Cardano jumps 39% in July, showing early signs of a trend reversal as momentum returns to the broader crypto market. Source: ViV Thakur via X

ADA Price Within a Symmetrical Triangle Formation

Following its 39% climb in July, ADA has shifted from impulsive breakout mode into a tightening consolidation pattern. The 4-hour chart shared by Splash Protocol highlights a developing symmetrical triangle. This kind of structure often acts as a continuation pattern, with momentum building toward a breakout as the range narrows. For now, price is holding near $0.74, respecting both the upper and lower bounds of the formation.

Cardano forms a clean symmetrical triangle near $0.74, with bulls eyeing a breakout toward $0.80 and $0.90. Source: Splash Protocol via X

This kind of structure often precedes further expansion if the base holds. With ADA reclaiming prior resistance levels and pressing toward its mid-range highs from earlier this year, the current setup leans bullish. If price clears the $0.80 region with conviction, the next test could be in the $0.90 zone.

Cardano Price Prediction: Analyst Targets $2 Breakout

As ADA continues building momentum post-July rally, StonkChris is beginning to outline a clearer Cardano price prediction based on longer-term technicals. He points to a clean trendline structure on the weekly chart, highlighting a consistent pattern of rising swing highs and lows since late 2023. With price recently pushing into the Ichimoku cloud resistance and respecting the upward sloping support line, the setup now targets the $1.80 to $2.00 range as a logical next extension.

Cardano eyes a breakout toward $2 as weekly chart structure points to rising momentum and trend strength. Source: StonkChris via X

This view aligns with the earlier observed symmetrical triangle on lower timeframes, suggesting ADA’s recent consolidation could be the mid-point of a broader cycle move. The weekly structure, coupled with growing market interest and broader risk-on sentiment, supports a narrative where ADA may test higher timeframe resistance zones.

Market Positioning Tilts Bullish for Cardano

Fresh data from TapTools reveals that over 70% of open ADA positions on Hyperliquid are currently long. This is a signal that the crowd sees upside continuation as the more probable outcome. While such lopsided positioning can sometimes precede short-term shakeouts, it more often reflects strong directional conviction when aligned with trend support, as is currently the case for ADA price.

Over 70% of ADA traders on Hyperliquid are positioned long, signaling strong market confidence in continued upside. Source: TapTools via X

With price structure tightening and momentum metrics ticking higher, the positioning data adds more clarity for the participants.

Final Thoughts

Cardano’s recent price structure is giving bulls something to work with. From reclaiming key levels to forming a textbook symmetrical triangle, ADA is showing strength where it matters. The broader market backdrop is starting to shift risk-on, and with 70% of traders positioned long, the crowd is biased bullish. If ADA can flip the $0.80 zone into support, the move toward $0.90, and eventually that $2 target, starts to look reasonable.