Cardano (ADA) has experienced a notable price surge, increasing by approximately 14.1% in a short timeframe and seeing its market capitalization grow by $4.64 billion over the past week. This rise has pushed the ADA price to reach $0.8137 per token, with a 1% increase today. Notably, Cardano trading volumes in Japan have surged to second place after ADA/USDT, highlighting strong local interest. This surge in trading volume is attributed to bullish market patterns similar to those observed in previous bull markets. In 2019 and 2021, similar formations triggered price increases of minor and substantial proportions respectively. Experts highlight these patterns are recurring in 2024, suggesting a potential large-scale price jump in the near future.