Cardano (ADA) is poised for a potential price surge, according to analyst Sheldon Diedericks, known as "Sheldon the Sniper." Despite recent corrections, Diedericks anticipates a bullish breakout from a descending trendline that has constrained ADA since October 2025. He suggests that Cardano could rise to between $0.60 and $0.70, marking a 53% to 79% increase from its current price of $0.39. Diedericks also notes a possible pullback, identifying a buy zone between $0.37 and $0.39. Cardano has shown resilience, with an 18.28% year-to-date increase, second only to Dogecoin among the top 10 cryptocurrencies by market cap. This optimism is shared by Quantum Ascend, who predicts Cardano could eventually reach new all-time highs.
Analyst Predicts Cardano Could Surge 79% to $0.70
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