Cardano (ADA) Surges 37% Amid Bitcoin Rally, Analyst Predicts $1.90 Target

Crypto analyst Investing Broz has identified Cardano (ADA) as one of the most promising altcoins currently experiencing a breakout amidst a shifting macro landscape and rising Bitcoin valuations. In his latest video update, the analyst highlighted ADA’s recent technical breakout as a clear indication of bullish momentum, forecasting a price target of $1.90 in the coming weeks if the momentum continues.

Investing Broz began by discussing the broader context, noting that Bitcoin’s rally above the $120,000 mark has sparked speculation about the arrival of altseason. He cited Bitcoin dominance breaking below a critical support level and altcoins experiencing significant gains. Among the altcoins leading the charge, Cardano stood out. The analyst confirmed that he purchased ADA in the past 24 hours, identifying the move as more than just opportunistic. The trigger was a confirmed breakout above a long-standing resistance level that ADA hadn’t pierced since March 1. This breakout signaled a shift in trend, as a falling wedge pattern had been developing for weeks.

Investing Broz’s trading group had initially positioned long at $0.54, with a modest target of $0.80. However, he emphasized that Cardano is not just breaking above a smaller resistance level but above a resistance level that it hadn’t been above since March. That March breakout was spurred by a tweet from Donald Trump listing altcoins deemed suitable for a proposed American crypto reserve. While that spike proved short-lived, the current breakout is, in his view, fundamentally and technically sound.

To calculate a realistic upside scenario, he applied the traditional breakout target technique by measuring the height of the formation and projecting it forward. This would give a Cardano price prediction of $1.90. He noted that such a target might be ambitious for a summer timeframe but is absolutely doable and definitely something to keep an eye on. The analyst reinforced his bullish outlook using confirmation from the LuxAlgo indicator suite, which flashed a weekly buy signal—featuring a green reversal, bullish momentum, and positive money flow. Based on this, he offered a more immediate price range between $1.00 and $1.80. He also mentioned that a golden pocket Fibonacci extension points to a key level of $2.42 by year’s end.

Investing Broz clarified that these are not his full-cycle targets for ADA. This is simply tradable movements that he still thinks can happen over the next couple of weeks. His earlier predictions suggested ADA could hit $7 to $10 by the cycle top—possibly extending into 2026 or even 2027. Throughout the segment, he stressed the importance of knowing when to take profit. Every bull market has volatility, and Cardano is going to have volatile movements where they rally and then pull back. For short-term traders, targets around $1.80 to $2.40 may present ideal levels to secure gains or even explore short positions if momentum wanes.

While ADA is not the only altcoin the analyst is tracking, Cardano’s confluence of technical strength, historical resistance flip, and volume surge make it a standout in the current environment. As the analyst concluded, there’s still time, and this is a major breakout, and if you’re a trader, this is what you wait for. Cardano, for now, has flashed its signal. Whether it makes good on the $1.90 target may depend not only on its own momentum but on the broader timing of altseason’s long-awaited arrival. At press time, ADA stood at $0.7447.