Analyst predictions suggest a significant price increase for ADA in the coming weeks, with some even forecasting gains of over 130%. A classic ‘ABCDE’ triangle pattern and other signals point to potential breakout opportunities. Pseudonymous analyst RJT.WAGMI, who has over 124k followers on X, highlighted Cardano’s current phase as part of the ‘C wave’, suggesting a potential strong break in the future. His analysis indicates that a bounce from the $0.5-0.618 Fibonacci retracement zone could act as launchpad for a move toward $1.5. Experienced traders tend to buy at this point, according to RJT. Fellow analyst CW echoed similar sentiments, stating ADA respects its long-term trend and is currently hovering near the lower boundary of a symmetrical triangle pattern. Once it breaks above the converging trend lines, he believes a breakout to $1.9 is likely. This has been supported by CoinGlass data indicating net accumulation, with more tokens being taken off exchanges than added since March 3rd. Analysts Master Kenobi and CW both noted potential for a similar bullish rally in ADA, echoing patterns from August–September 2024. With ADA not posting a new low following its Feb. 3 dip to $0.49, this supports their prediction of a strong price surge towards $2.5, according to Master Kenobi. However, ADA’s current price is down 6.2% over the past day, currently trading at $0.64. Despite this downtrend, technical analysis points to a potential breakout as its 50-day moving average surpasses the 200-day moving average. The Supertrend indicator has dipped below price and turned green. The RSI is dropping toward oversold levels which could encourage further upward movement.