Cardano Could Break Past $1.31 if Bulls Push ADA Above Key Price Point

Market analyst Ali_Chart took to social media platform X to share his bullish outlook for ADA, backed by technical chart analysis showing the token’s current trading pattern. After reaching an intraday peak of $0.74 on Thursday, the cryptocurrency pushed through the $0.80 threshold on Friday, registering a 3.95% increase within a 24-hour window.

JUST IN: Ivan on Tech says "if #Cardano breaks its November high, $ADA's quickly going to $1.60." pic.twitter.com/99bLiMwXHl

— Angry Crypto Show (@angrycryptoshow) July 23, 2025

The analyst’s projection suggests ADA could challenge the $1.31 resistance zone, though he emphasizes that achieving a daily closing price above $0.85 represents a critical milestone for this rally to gain traction.