ADA's Wyckoff Push and Trendline Break Could Define Its $2 Fate

Cardano (ADA) is attracting heightened market attention amid growing anticipation for a potential surge, fueled by evolving technical patterns, bullish price projections, and the possibility of a U.S. Federal Reserve rate cut. Analysts are closely monitoring the asset’s price action against key resistance levels and long-term trendlines, while also incorporating risk metrics and fundamental developments to gauge its potential trajectory.

According to Jesse Peralta, ADA is pressing against a long-term descending trendline and is showing signs of imminent breakout. A successful push above the $1.10 threshold could signal a shift in momentum, with targets in the $1.80 to $2.00 range becoming more attainable. This aligns with broader technical indicators suggesting that bullish forces are gaining control, particularly in the $1.00 to $1.10 region where a confirmed breakout would reinforce the positive narrative around ADA’s price movement.

In parallel, Mr. Banana has drawn comparisons between Cardano’s current structure and the classical Wyckoff markup phase, a technical model that often precedes strong price expansions. According to this framework, ADA appears to have transitioned from an accumulation phase to one of rapid price appreciation. The momentum indicators, coupled with rising volume patterns, suggest that buyers are increasingly in control. If the trendline breakout confirms, ADA could target the $1.20 to $1.50 range in the short term, with the Wyckoff cycle supporting even higher levels beyond $2.00.

Fundamental developments are also providing strong underpinnings for the bullish case. Analyst Sssebi highlighted that Cardano is undergoing several critical upgrades, including the Leios upgrade, Hydra scaling integrations, and the Midnight privacy layer. These improvements aim to strengthen the ecosystem’s scalability, performance, and privacy features, potentially attracting both retail and institutional interest. Additionally, speculation around a possible ADA ETF has added speculative momentum to the broader narrative.

Despite the positive technical and fundamental indicators, whale activity has raised short-term caution. Ali Martinez reported that nearly 50 million ADA tokens were sold within 48 hours by large holders, a move that could create temporary downward pressure. While such sell-offs do not necessarily derail long-term trends, they remain a key variable for near-term price stability. The market will be watching to see if demand can absorb this supply without triggering a correction.

Looking ahead, the broader market environment could play a significant role in shaping ADA’s performance. With the U.S. Federal Reserve potentially entering a rate-cutting cycle, cryptocurrencies like Cardano may benefit from increased risk-on sentiment and higher capital inflows. However, investors are being urged to maintain discipline and prepare for structured exits, particularly as risk scores climb. Dan Gambardello has advised that a risk score of 75—historically a key turning point—could serve as a strong signal to begin scaling out of ADA, while the $1 to $3 range is considered an ideal spot for long-term holders to secure profits.

Source: [1] Cardano Bull Reveals When He'll Start Selling His ADA Bag (https://thecryptobasic.com/2025/09/05/cardano-bull-reveals-when-hell-start-selling-his-ada-bag/) [2] ADA Eyes $2 Breakout as Wyckoff Cycle and Trendline ... (https://bravenewcoin.com/insights/cardano-price-prediction-ada-eyes-2-breakout-as-wyckoff-cycle-and-trendline-pressure-align)