Cardano (ADA) to $2? New Price Prediction Says Yes

Right now, ADA sitting at $0.7145, quite a distance from the last time it touched $2, which was back in November 2021 — more than three years ago. But this is not just about historical price points or technical patterns; it is also about timing, sentiment and general market conditions.

A daily close above $1.15 will confirm this right-angled descending wedge, pushing #Cardano $ADA to $2! pic.twitter.com/VWHb9Bpw4h

— Ali (@ali_charts) March 20, 2025

The bottom line? Institutional interest, market legitimacy and potential price impact. But let's not jump the gun. A pattern is just a pattern until price action confirms it.

The key number here is $1.15 — if it does not close above that, the breakout scenario is still just hypothetical.

For now, it is just a matter of watching and waiting. Will Cardano push through the resistance and go into higher territory, or will this just be another unfulfilled technical setup? The market will decide soon enough.