Cardano’s ADA Looks to be in the Process of Another Bullish Breakout, This Time to Hit $2.70
By: cryptosheadlines|2025/05/11 00:15:04
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Many altcoins are showing high pump potential following ETH’s ongoing pump. Cardano’s ADA looks to be in the process of another bullish breakout. The price of ADA could hit $2.70 – $2.90 int he coming days ahead. Several altcoins are showing greater signs of bullish pumps in the coming days ahead. This furious pump seems to be coming from the aftermath of the latest BTC and ETH rallies. To highlight, the price of BTC finally broke past the 6-digit price barrier while the price of ETH finally broke past the $2,000 barrier. This bullish expectation is now coming for altcoins, and Cardano’s ADA looks to be in the process of another bullish breakout, this time to hit $2.70 – $2.90.Cardano’s ADA Looks to be Heading for Another Bullish BreakoutEarlier this week, both pioneer crypto and altcoin assets, Bitcoin (BTC) and Ethereum (ETH), began to pump exponentially. This pump brought the price of Bitcoin from its recent rally to the $94,000 price range to pump further and reclaim 6-digit prices. According to CoinMarketCap analytics, the price of Bitcoin is now at the $104,000 price range, while the price of ETH shot up from $1,700 to $2,400 and continues to surge upwards. The bullish fervour is now seeping into the greater altcoin market and igniting bullish expectations for the altseason peak phase to arrive. To highlight, this ongoing bull cycle’s altseason was expected to arrive in Q1 of 2025, instead, Bitcoin went into a prolonged correction phase, pulling the rest of the crypto market down with it. Analysts saw this as a much-needed reaction to BTC pumping too early and too much this bull cycle.All in all, the prolonged correction phase came to an end, bringing the crypto market into a much healthier state. Presently, analysts are pleased to see that the market recovered in time for altseason to arrive in Q2 of 2025. True to many predictions, the price of BTC and ETH began to recover in April and are now soaring towards reclaiming previous ATH targets in the month of May. Analysts expect many altcoins to pump steadily and not only reclaim previous ATH prices, but to pump further and set a string of new ATHs of their own, much like Bitcoin did in Q4 of 2024. As for what altcoins are set to pump in the coming altseason peak phase, many analysts are looking closely at altcoins that have yet to set new ATHs this bull cycle, these include Cardano’s ADA and Ripple’s XRP. ADA Prepares to Hit $2.70 – $2.90In particular, Cardano’s ADA is expected to flourish in the coming altseason peak phase, this is because the upcoming Leios Upgrade for Cardano is set to bring greater speed to the Cardano ecosystem, leading more traders and investors to flock towards ADA. What’s more, ADA Spot ETFs may also be approved soon, drawing greater interest towards the Cardano blockchain and its native token ADA. $ADA (Cardano) looks to be in the process of BREAKING OUT AGAIN and this can spark yet another major continuation towards the target levels in the $2.70 – $2.90 areas!These levels are over 243% away and in play so a significant upside could be on the way... https://t.co/drhkfQ1DXD pic.twitter.com/leDueZOiwb— JAVONMARKS (@JavonTM1) May 9, 2025As we can see from the post above, Cardano’s ADA looks to be in the process of breaking out again from a bullish setup. In detail, the reputed analyst says that this breakout can spark yet another major continuation towards the target levels in the $2.70 to $2.90 price range. He concludes, saying that these levels are over 243% away and in play, meaning a significant upside could be on the way.Source link
You may also like

The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.

What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?

ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.

The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.

Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends
The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles
Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD
The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
