reasonfor accelerated Cardano price rise approaching $1.19
Cardano (ADA) Price Soars: Potential Upside to $1.50 by End of 2025
Cardano (ADA) has seen a significant surge, with prices surging by 11.58% as of mid to late August 2025. This uptrend has broken through a key resistance level, and the current dynamic of ADA is strongly bullish.
The 50-day moving average acts as a dynamic support for ADA, and a break above the current high could trigger a run towards $1.19. If this resistance is overcome with strong volume, the path to $1.32 becomes very likely.
Analysts are pointing towards a medium-term breakout with targets between $1.05 and $1.18, supported by technical formations like a symmetrical triangle and rising moving averages signaling bullish momentum.
Crypto analyst Paul Barron and others anticipate $1.50 in August 2025 driven by ongoing upgrades (Chang Hard Fork, Hydra scaling) and rising DeFi activity. If bullish momentum persists, some forecasts extend to $3 by the end of 2025.
Short-term technical indicators show some volatility risks near $0.87–$0.90, but overall, the trend remains bullish with moving averages and relative strength index suggesting momentum could push prices higher.
Fundamental catalysts fueling these price targets include network scalability improvements, enhanced smart contract security, institutional interest possibly tied to ETF approvals, and partnerships like those with Brazil’s SERPRO.
A double bottom at $0.49 provides a robust foundation for a bullish recovery. The sequence of higher highs and higher lows confirms the positive trend of ADA. ADA moves above its 50-day moving average, strengthening the positive momentum.
Investors are encouraged to monitor upcoming market developments of Cardano. To buy ADA, users can follow the steps provided in the article, including signing up on Bitget, depositing funds, and placing an order. A $10 bonus is available when buying ADA on Bitget.
Optimism exists about the future trajectory of ADA, given the positive momentum. If the resistance at $1.19 and $1.32 are overcome, the uptrend of ADA could continue based on the current technical analysis.
This article is written by Simon Dumoulin, a passionate cryptocurrency enthusiast who writes clear and accessible articles about crypto news.
Cardano's potential upside to $1.50 by the end of 2025 is driven by ongoing upgrades like the Chang Hard Fork and Hydra scaling, rising DeFi activity, and technical formations.
Investors looking to purchase ADA can take advantage of the $10 bonus when buying ADA on Bitget, and should monitor upcoming market developments to potentially profit from the ongoing bullish sentiment in Cardano's finance and investing space, enhanced by technology advancements.