Cardano Breakout Pattern Sparks $4 Price Target as Whales Complete Accumulation Phase

Cardano (ADA) is setting the stage for a significant price surge as its chart reveals a bullish cup and handle formation. According to multiple analysts, this structure could signal a breakout to new all-time highs, with targets as high as $4.00 or even beyond.

At the time of writing, Cardano trades at $0.7745, reflecting a 10.04% decline over the past week. Despite the dip, ADA maintains a 37.24% monthly gain, and analysts remain bullish on the long-term trend.

Crypto Smith: Whales Are Done Accumulating as ADA Tests Breakout Level

In a recent post on X, crypto trader Crypto Smith identified a long-term bullish setup on Cardano’s chart. He noted that ADA whales appear to have completed their accumulation, and the asset is now testing the key resistance level of $0.92.

This level forms the top of a textbook cup and handle pattern. Historically, this pattern signals the continuation of an upward trend. In ADA’s case, the “cup” structure traces a gradual decline from its $3.10 peak in 2021 to a bottom around $0.24 in December 2022.

That bottom held through 2023 and early 2024, establishing a solid base. From March to July 2025, Cardano entered the “handle” phase, consolidating between $0.75 and $0.92. This stage forms just before the expected breakout.

Chart Predicts a 4x Move with a $4 Target in Sight

Cardano is now approaching the $0.92 breakout point. A confirmed move above this level would validate the cup and handle pattern and could trigger a massive price rally. Smith projects that ADA could climb to $4.00, representing a 4x return from the breakout.

Interestingly, this price target surpasses traditional projections for cup and handle patterns. Typically, traders measure the depth of the cup (estimated around $0.67) and add it to the breakout level, pointing to a standard target near $1.59. Smith’s extended target reflects a more macro-level view, potentially tied to a broader crypto market cycle.

Accumulation Zone Hints at Whale Confidence

From 2022 to 2024, Cardano spent an extended period ranging between $0.25 and $0.50, which analysts have identified as a strong accumulation zone. These sideways movements often indicate whale activity, with large investors quietly building positions in anticipation of a breakout.

Crypto Smith’s analysis suggests that this phase has ended, and whales are no longer in the accumulation stage. That shift implies that the groundwork for a bullish surge may already be in place, supported by smart money.

This technical setup emerges just as the wider crypto market recovers from its recent consolidation. Bitcoin, for instance, briefly touched an all-time high of $123,000 this month before correcting to $118,166. Such bullish movements in BTC often lift altcoins like Cardano.

Cardano’s alignment with positive macro sentiment, combined with a technically strong pattern, adds further weight to the bullish thesis.

More Analysts Predict Upside Beyond $1

Other analysts have also turned bullish on ADA. Michael Pizzino recently noted that Cardano had broken out of a descending trendline that dated back to October 2024. He identified a bullish inverse head-and-shoulders structure with a neckline at $0.506, which now serves as strong support.

According to Pizzino, a move above $0.95 could send ADA past $1.00, with the potential to reach $1.66 if momentum builds.

Crypto influencers are also weighing in. Josh described ADA as undervalued at $0.80, predicting a 5x to 10x return, while Crypto King identified an imminent breakout on the daily chart with targets between $1.40 and $1.60.

Long-Term Forecasts Range From $11 to $800

Longer-term projections are even more ambitious. Analysts like Mintern and Tyler Burke see ADA reaching $11 to $12 by 2026 if Cardano maintains its growth trajectory.

Cardano founder Charles Hoskinson made headlines by suggesting ADA could outperform Bitcoin, offering a 1,000x return. In a recent interview, he pushed back against proposals to move ADA’s treasury into Bitcoin, arguing that doing so would stifle ecosystem growth.

Hoskinson believes ADA’s potential far exceeds current estimates, suggesting a theoretical $800 price tag with a $27.5 trillion market cap. That projection would surpass Bitcoin’s own hypothetical valuation of $1 million per coin with a $24 trillion market cap.

Final Thoughts: ADA Readies for Breakout as Market Eyes $0.92

Cardano appears poised at a critical inflection point. With a confirmed cup and handle pattern, a tight handle range, and whale accumulation now likely complete, the breakout above $0.92 could be imminent. Analysts are watching closely for confirmation.

Should the breakout occur, ADA could quickly reclaim $1.00, challenge $1.60, and push toward $4.00, or even higher, according to long-term forecasts. If bulls gain control and the broader market stays supportive, Cardano may enter a new phase of explosive growth.