Cardano is exhibiting signs of a bullish breakout, with analysts projecting ADA prices could reach as high as $1.13-$1.32 if the pattern holds true. Long-term risk models suggest that Cardano’s bull run may still be in its early stages, indicating further upward movement is possible. Analyst Lucky Luciano has highlighted this potential breakout on a chart showcasing a bullish flag formation. This breakout comes after months of consolidation within a descending flag channel, a period that followed a significant price rally from below $0.40 to over $1.32 in late 2024. Notably, the recent move above the $0.6816 level suggests a shift in bearish pressure and signals potential for further growth.