To what extent can Cardano exceed $ 1? ETF approval possibilities jump more than 80 %

Main meals:

• ADA prices are enhanced, with a height of $ 2.

• The size of the Ada Futures Volume is the highest level in 5 months of $ 7 billion, which reflects the institutional interest.

• The total closed value in Cardano, or TVL, is increasing with ETF approval.

Cardano (LeadUp to 37 % in August. The price has been recovered since then, but multiple bullish signals indicate that the interruption of more than one dollar is inevitable.

Cardano science style targets $ 1.80

Ada price operations show the outbreak of the prevailing Taurus science styleAccording to the analyst FX Clifton.

The ADA/USD pair has been combined into the large scope of the flag since December, and the sales pressure is steadily absorbed. This stage often ends with a decisive outbreak over the upper limits of science.

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This penetration seems to be underway, with ADA resistance facing $ 1, which is the level of suppression of the price since December 2024.

“The upscale bullish collapse was confirmed in the time frame for 3 days,” Clifton He said In the X Publishing on Thursday, adding:

“Now we expect a 100 % huge upward mobilization – 150 % in the coming weeks.”

The closure of the candlestick will confirm for a period of three days above and re -test the level of one dollar (as a new support) the bullish collapse with a bull science goal at $ 1.80.

A similar pattern has been observed in lower time frames with a bull mark on the chart for four hours and the goal of the ADA $ 1.27 price, as shown in the scheme below.

ADA the price of the similar triangle targets $ 2

Data from Cointelegraph Markets Pro and Tradingvief Ada appears trading above a Similar triangle In the weekly time frame, as shown in the graph below.

The price of the weekly candle must be closed above the psychological level of $ 1 to continue the upper track, with a goal of $ 2.12.

Such a step would reach the total gains of 126 % of the current level.

Relative power index, or RsiIt increased to 59 out of 41 in mid -June, indicating an increase in the upper momentum on the upper time frames.

Cardano Futures is up to 5 months old

Positive signals from the futures market supports bulls. The size of ADA futures stick is the highest level in five billion dollars in all stock exchanges, for all data from the Glassnode.

Since early April, the size of the Ada Futures ranged between one billion dollars and 4 billion dollars, as shown in the graph below. The sudden jump reflects the strong institutional interest and retail, which enhances liquidity and market trust.

The volume of futures reached March 2025 levels, and the last time ADA prices were higher than one dollar.

Cardano Etf Spot appears to be more likely, with the possibilitiesUmping to 81 % Tuesday from 59 % on August 6, according to Polymark.

At the same time, Total closed value (TVL) in Cardano Defi protocols rising.

Cardano increased by 56 % to $ 423.6 million, the highest level since March, from $ 271 million on July 1, according to Devilia.

Historically, similar growth coincided with Huge Ada prices. during The post -election period271 % increase in TVL between November 5, 2024 and December 7, 2024, accompanied 300 % gathered at Ada prices.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.