The Bullish Trend Of The Cardano Cryptocurrency Is Just Beginning

The famous trader and technical analyst Peter Brandt claims that Cardano (ADA) has reached its lowest point and is about to enter a major bullish phase. This analysis comes as the cryptocurrency has remained above the symbolic threshold of 1 dollar for the first time in almost two years.

Cardano at its best level in 2 years

Peter Brandt, recognized for his four decades of experience in financial market analysis, shared his analysis of Cardano’s weekly chart on the X platform.

According to his analysis, ADA has formed a double bottom base that has developed over more than a year, before breaking through its recent local peak of 0.81 dollars. This level has since transformed into solid support, with a “retest congestion” observed on the charts, confirming the strength of this new plateau.

This analysis is corroborated by the current technical data, particularly the rebound of ADA from critical Fibonacci retracement levels (0.5 to 0.618), considered as the “golden zone” by analysts. This technical rebound, combined with the formation of a new double bottom, reinforces the outlook for a sustainable bullish trend.

Analyst Altcoin Sherpa also shares this optimistic view, highlighting the strength of the technical fundamentals of Cardano in the current market context.

Favorable political context for crypto assets

The optimism around Cardano fits into a favorable political context, marked by the promises of the elected president Donald Trump in favor of the crypto sector. The prospect of a more favorable SEC and clearer regulatory guidelines has already propelled ADA to a 30% increase since the beginning of 2025.

The position of Input Output (IOHK), the parent company of Cardano, as an American organization, could also prove to be a major asset in this new regulatory context. Speculations regarding a possible inclusion of certain American cryptos in a strategic reserve have already generated positive momentum in the markets.

In summary, currently consolidating around 1.10 dollars, the ADA still shows significant growth potential, being 64.7% below its all-time high of 3.09 dollars reached in 2021. This configuration could offer a particularly attractive risk/reward ratio for investors in 2025.