Cardano Price Set For Parabolic Surge To $10 Amid These Bullish Indicators

Key Insights:

• Cardano price breakout from a descending wedge hints at a powerful rally.
• Analysts see Cardano price building pressure above key support for a $2–$10 surge.
• Momentum is quietly building as Cardano forms a textbook cup and handle.

Cardano price projections are drawing attention from traders as two analysts present contrasting but upward technical patterns. According to analyst Dan Gambardello and trader Jupiter, ADA peice may be preparing for strong upward momentum.

Current chart structures suggest potential breakouts above key resistance zones, with long-term estimates targeting levels ranging from $2 to $10.

Long-Term Cardano Price Surge to $10 Target

According to analyst Dan Gambardello points out that the current Cardano price is in line with a larger positive pattern. The analyst’s recent chart identified a “cup and handle” pattern.

For these reasons, veteran traders refer to the “cup and handle” setup as a sign that the movement in a direction is set to continue after accumulation. Based on this pattern, Gambardello projects a Cardano price target near $10 in the long term.

At press, ADA price trades near $0.6, down 1.6% in the last 24 hours. Gambardello’s analysis takes a broader macro view, pointing to a potential $350 billion market cap for Cardano price. His chart marks the $1.00–$1.10 range as historical resistance, where past rallies have stalled.

Currently, Cardano price is consolidating near this level, forming what he calls a long-term base structure.

Cardano Price Key Resistance and Momentum Zones

According to Gambardello, the pattern is made up of several ADA price support levels coming from rounded shapes at the bottom of the chart and closing averages that become tighter.

These signals highlight that resistance could soon see pressure push up Cardano price. The movement is expected to tighten up to form a coil and then push above the resistance to break out.

The analyst also highlighted that Cardano price during these phases is particularly important. In his commentary, he compares it to putting in consistent effort that yields slow progress at first—but can eventually result in a sudden and rapid surge in Cardano price.

Analyst Identifies Short-Term Breakout Potential

According to trader Jupiter, Cardano price is gaining momentum after breaking out of a descending wedge. The ADA/USDT perpetual futures chart shows a bullish reversal, with Cardano price now near $0.695.

Jupiter adds that ADA has moved above both short- and mid-term exponential moving averages, reinforcing the bullish outlook.

In addition, the analysis outlines an ascending white trendline, which ADA has consistently respected. A recent bounce off this line, combined with the wedge breakout, forms the technical base for further movement.

Jupiter sets the next major resistance zones between $1.1186 and $1.90. Above these levels, a broader target between $1.90 and $2.70 has been identified.

Wedge Height Measurement and Trajectory

Moreover, trader Jupiter also uses the “measured move” method, which calculates the height of the wedge and applies that distance above the breakout point. Using this technique, the projected move suggests Cardano price could climb past $2.00.

Further, the chart illustrates this direction with a blue projection arrow plotting a probable ADA price path toward the upper range.

According to Jupiter, the altcoin price must remain above $0.67 and overcome minor resistance in the $0.73–$0.75 zone to confirm the momentum.

The ascending support structure remains intact, which maintains the bullish bias unless breached on strong volume.

Additionally, the market position of Cardano price seems similar to times in the past when the market paused before hopping into an uptrend.

As the wider crypto market responds to economic trends, Cardano price suggests it can break out if important levels are crossed.