Cardano (ADA) has once again attracted attention after market analyst Javon Marks highlighted that its technical structure continues to show clear signs of an uptrend. Although the price has weakened over the past two days, Marks expects a strong bullish momentum to emerge soon, with the potential for a 333 percent rally toward the 2.96 dollar level.
Price Still Under Pressure, but Bullish Structure Remains Intact
On Wednesday, October 22, ADA’s price slipped nearly 2 percent to 0.635 dollars after failing to hold its early-week rally that peaked at 0.685 dollars. Despite the decline, the price action still reflects a solid technical structure.
According to Marks, Cardano remains above the key breakout line formed in November 2023, when ADA broke through a long-term downward trendline from its September 2021 peak at 3.10 dollars. Following the breakout, ADA has continued to form higher highs and higher lows, which is a strong indicator of a sustained uptrend.
Key milestones include
* March 2024: price surged to 0.81 dollars
* August 2024: corrected to 0.27 dollars but remained above the breakout level
* December 2024: printed a new high at 1.327 dollars
* October 2025: formed a higher low at 0.279 dollars
Marks emphasized that this position signals the bullish structure remains intact, and the current consolidation phase could be the prelude to the next major move.
2.96 Dollars Becomes the Next Key Target
In his latest analysis, Marks projects a potential 333 percent rally from current levels, with a medium-term price target of 2.96 dollars. If this prediction comes true, Cardano will once again approach its 2021 all-time high around 3.10 dollars, and may even surpass it if overall crypto market momentum stays strong.
Other analysts, including Chris O, believe the upcoming bull market cycle could push ADA to the 5 to 8 dollar range, depending on macroeconomic conditions and institutional investor interest. “When everyone was bearish on ADA, especially when it was still at 0.30 dollars a year ago, I remained optimistic. Just like in the previous two cycles,” Chris O said on social media.
Market Structure Continues to Support the Uptrend
From a technical perspective, Cardano’s uptrend remains solid. ADA is still trading above its long-term breakout neckline, indicating the bullish trend has not lost steam. Since 2023, the price action has consistently formed higher lows, reinforcing the established bullish structure.
Stable trading volume in the consolidation area also reflects healthy market interest despite short-term pressure. With these factors in place, analysts believe an ADA rebound remains likely, though investors should remain cautious about potential volatility toward the end of the quarter.
Conclusion
The latest analysis shows that Cardano continues to maintain a healthy bullish trajectory despite some short-term price pressure. As long as the 0.27 dollar support level holds, the path toward 2.96 dollars or higher remains open. A 333 percent rally is ambitious, but as long as the technical structure stays intact, Cardano still has a strong position in the next bull market cycle.
FAQ
1. Can Cardano really surge 333 percent?
This projection comes from technical analyst Javon Marks. He points to a consistent higher high and higher low pattern. However, 333 percent is a projection, not a guarantee.
2. Is Cardano still in an uptrend in 2025?
Yes. Based on the medium-term chart, ADA remains above its main uptrend line since the 2023 breakout, indicating the bullish trend is still in place.
3. Why are analysts confident Cardano remains bullish?
Because ADA has not broken below its key higher low at 0.27 dollars. As long as the price holds above this level, the bullish structure remains intact.
4. Can Cardano revisit 3 dollars like in 2021?
Technically, 2.96 dollars is the nearest target. If overall crypto market momentum strengthens, a move beyond 3 dollars is possible.
5. Is now a good time to buy Cardano?
That depends on each investor’s risk profile. This article is for informational purposes only and should not be considered investment advice. Always conduct your own research before making financial decisions.