Cardano is heating up. After months of slow movement, the token just exploded by 27% in a week — and now all eyes are on one big question:
Will Cardano price prediction hit $1 by August?
With Bitcoin at all-time highs, Ethereum reclaiming $3,000, and volume pouring into altcoins—this might be the ADA price breakout moment. But is this pump sustainable or just temporary hype?
Let’s dive in—because the next 30 days could define this token’s future.
It has jumped over 27% in the past 7 days, currently trading around $0.7301, with a 24-hour volume surge of 44.37%, now at $2.56 billion as per CoinMarketCap chart analysis. But why is it going up right now?
The answer lies in the broader crypto market. Bitcoin just hit a new all-time high of $118,856 on July 11, and Ethereum crossed the $3,000 mark, gaining nearly 18% in the past week. As major assets lead the charge, altcoins like this are naturally following.
Even Cardano founder Charles Hoskinson has stepped into the spotlight. He recently reposted a tweet showing its 15% daily gain and volume crossing $1.72B, with a strong jab at skeptics:
“Remember when we were told that a 100 million dollar trade of ADA would collapse the price?”
This was Hoskinson’s way of saying: The token has matured. Large-scale trades no longer shake the price. The ecosystem now has strong liquidity — a key sign of strength that long-term investors should not ignore.
From a technical standpoint, it is flashing a bullish breakout signal. On the TradingView weekly chart:
RSI (14) has flipped above 50, now at 52.04 — signaling bullish momentum
MACD is nearing a crossover, a classic indication of a trend reversal
Support lies between $0.60–$0.65, while resistance is forming around $0.80–$0.85
If the coin clears $0.80 with volume, the next stop could easily be $1.00–$1.10 in Q3 2025.
Popular analyst Deezy posted a powerful chart, highlighting that this cryptocurrency is testing the 50-week EMA — a historic breakout zone.
“Last 2 times ADA crossed this, it pumped 212% and 128%. If history repeats, we’re looking at $1.77.”
This adds strong weight to the bullish argument. The market is watching this level closely.
If momentum continues and ADA price breakout above $1, it could reclaim even higher levels in the long term.
Short term: $0.85–$1.10 possible in Q3
Mid term: $1.25–$1.50 by late 2024
Long term: $2+ by mid-2025 if fundamentals hold
So yes, it still looks like a good investment—especially for those seeking solid altcoin exposure during the ongoing crypto market expansion.
So, those people asking when will it go up? Well, with bullish sentiment from its founder, strong on-chain indicators, and alignment with Bitcoin and Ethereum’s upward trajectory—Cardano price prediction $1 by August is built on real momentum.
If it holds above $0.72 and breaks $0.80 with volume, $ADA price breakout isn’t just a hope—it’s a strong probability. So keep a close watch on these levels, and always do your own research before investing in any cryptocurrency.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.
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