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Cardano’s (ADA) rally is poised to reach 216% as multiple charts turn bullish

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Cardano (ADA) Poised for 216% Rally as Multiple Charts Flip
Cardano (ADA) Poised for 216% Rally as Multiple Charts Flip

The key takeaways

  • The ADA has increased by over 70% in price since the 22nd of June, signalling the end to the downward trend. 

  • Multiple chart bullish signals indicate that ADA can rise over 200% to $3. 

ADAADACardano, the native token for the Cardano Network, has seen a 75% increase between Friday and June 22, likely marking an end to a downtrend of several months that peaked at $0.50 back in June.

ADA has risen as much as 9% in the past 24 hours, hitting a 20-week peak of $0.89.

Bollinger Bands can ignite explosive moves

If volatility signals continue to play out as they have in the past, ADA will reach new heights. Current state of the Bollinger Bands The (BB) Volatility indicator requires that the ADA/USD Pair rockets upwards.

During a recent rally the ADA/USD candlestick has touched the upper edge of the band. This can indicate an impending rise over the indicator and the start of volatility on the upside.

Related: Price predictions 7/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

Historically, breaking through the upper band led to massive price increases, as we saw in 2021 (1.500%), in 2022 (117%), and in 2024 (300%).

Chart below shows the Bollinger Bands are also beginning to squeeze, with the price now touching the upper Bollinger Band. This gives hope that we may see a similar situation.

Chart of the ADA/USD with Bollinger Bands. Source: Cointelegraph/TradingView

Cardano price flashes multiple buy signals

Despite the recent impressive price run, ADA is still around 350% off its original value. $3.10 all-time high from 2021.

The price sent several bullish signals over different timeframes, indicating that the rally was gaining strength. 

ADA broke away from a bull flag As shown below, on the weekly charts, you can flip the upper limit of the Flag, the 50 day simple moving average and the 200 day SMA as support. 

The bull flag’s measured target is $2.70 or 216% more than the current price.

Also, golden crossLast week the 50-day SMA was crossed above the 200-day SMA, which reinforces that there will be a continued uptrend.

Chart of the ADA/USD for the week. Source: Cointelegraph/TradingView

The Moving Average Divergence and Convergence Indicate (MACD, a metric that measures trend strength produced a positive cross when the ADA/USD currency pair confirmed a weekly bull flag. After a positive bar was added, the metric started building. “red” Period, which started in early 2025.

Weekly relative strength Index (RSIXRP, on the other hand, has much more to go before it reaches overheated conditions, as seen in December 2024 and 2018, respectively.

Weekly RSI from ADA Source: Cointelegraph/TradingView

According to Deezy, a pseudonymous analyst, even with RSI of 80 daily, history has shown that ADA can still rise 130% to $1.80.

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.