Cardano Aiming for $10? Big Move Coming?

Cardano (ADA) has long been one of the most watched altcoins in the market, praised for its academic approach, proof-of-stake consensus, and commitment to scalability and decentralization. But with the recent sideways action and a price hovering around $0.72, many traders are wondering: Is this just consolidation before the storm? Could ADA really skyrocket to $10 in the next bull cycle, or is it losing momentum?

To answer this, let’s dig into the technicals on the daily chart and examine the broader context for ADA’s future trajectory.

Cardano Price Prediction: Is ADA Price Preparing for a Breakout or Breakdown?

Cardano’s price has been consolidating in a tight range after a steep correction from its local highs above $1.20 earlier this year. The Heikin Ashi candles suggest a market in indecision, with alternating green and red bars reflecting a lack of strong trend direction.

The key moving averages (20, 50, 100, and 200 SMA) are currently flat or converging, a classic sign of market compression. Notably, the price is slightly below the 50-day and 100-day SMAs, indicating short-term bearish pressure. However, it’s still hovering close to the 200-day SMA (at around $0.72), acting as critical support. A decisive break below this zone could trigger further downside towards the psychological $0.60 support, but if buyers defend this area, it may serve as a launchpad.

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What Does the RSI Say About Momentum?

The Relative Strength Index (RSI) is currently at 45.9, which places ADA in a neutral zone. It’s neither oversold nor overbought. This lack of momentum confirms the consolidation phase. However, the RSI has been gradually rising from the sub-30 levels observed in early March, showing that sellers are losing strength and buyers are slowly returning.

If the RSI crosses the 50 mark and maintains upward trajectory, it could signal a shift in momentum favoring bulls—an early clue that ADA might start a new uptrend.

Where Are the Next Resistance Zones?

Should ADA break past the overhead resistance near $0.76 (aligned with the 50-day and 100-day SMAs), it could open the door for a swift rally toward the $0.85–$0.90 zone. This region previously acted as both support and resistance, and breaking it would be a major psychological win for bulls.

The real game-changer, however, would be a daily close above $1.00, as it would confirm a bullish trend reversal on the higher timeframes. From there, historical momentum surges and FOMO could potentially push ADA toward its all-time highs, and if macro conditions align, even higher levels like $3 or more.

But for Cardano to reach the ambitious $10 mark, it would require a full-blown bull market, widespread adoption, ecosystem growth, and likely a surge in institutional interest.

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Cardano Price Prediction: Can Cardano Actually Hit $10 in This Cycle?

From a purely technical standpoint, $10 is a far cry from the current $0.72—but not impossible. It would require a staggering 1,300%+ gain, which might seem unrealistic in the short term but not unheard of in crypto bull cycles. ADA has historically delivered massive rallies during peak altcoin seasons, and with the next Bitcoin halving approaching, the crypto market may soon enter a euphoric phase.

For Cardano to realistically reach $10, it needs more than hype—it needs smart contract adoption to boom, strong developer engagement, real-world enterprise use, and improved DeFi and NFT traction on the platform.

Technically speaking, the consolidation we see now could be ADA “coiling” for a larger move. But if bulls fail to defend the $0.70 region, the dream of $10 could be deferred until the next macro cycle.

Is Now the Time to Accumulate ADA?

Cardano’s current structure is showing signs of bottoming, but lacks confirmation of a strong bullish reversal. Traders should watch for a breakout above the $0.76–$0.80 region with strong volume as a potential buy signal. Meanwhile, the $0.70 zone is the critical line in the sand for bulls.

ADA price to $10 remains a bold long-term prediction, but one that aligns with previous market behaviors—provided we enter a parabolic phase backed by fundamentals. For now, the chart says “wait and watch,” but smart money might already be accumulating.