Cardano (ADA) is capturing attention in the cryptocurrency market, with analysts predicting a significant price breakout in the coming weeks. The token has experienced a positive surge recently, trading around $0.7203 and gaining 2.46% within the last 24 hours. This momentum is fueled by increasing bullish sentiment across the altcoin sector. Key points of interest include ADA approaching a crucial resistance level at $0.74, which analysts believe could lead to further price rises towards $0.88. Current market activity indicates that Cardano is attempting to break out from its descending parallel channel formation, first observed in early 2025, suggesting the beginning of a new trend for the asset. Several analysts are echoing this prediction. Ali Martinez on X and Minswap Intern (@MinswapIntern) highlight Cardano’s potential for a substantial price surge, citing parallels with its explosive 2020 rally.