Cardano’s ADA is showing strong signals of a bullish breakout, confirmed by a multimonth bull flag pattern on the three-day chart. Analysts anticipate an upside of 100-150%, projecting prices could rise to between $1.60 and $1.75 if current momentum continues. This forecast comes as ADA experiences significant gains, having increased about 20% recently to reach a five-month high of $0.99. Furthermore, long-term holders have retained a record 15 billion ADA for over a year, indicating a strong holder confidence amidst growing retail interest. Google Trends shows increasing searches for Cardano, reaching a five-month peak, signaling potential capital rotations from Bitcoin to altcoins. Historical patterns correlate such interest spikes with bullish altcoin trends, further supporting the optimism surrounding ADA’s price movements in the near future.

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