{"id":467591,"date":"2025-07-26T11:00:02","date_gmt":"2025-07-26T11:00:02","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1196665"},"modified":"2025-07-26T11:00:02","modified_gmt":"2025-07-26T11:00:02","slug":"cardano-still-cheap-at-0-82-aiming-for-4-to-8-targets","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/07\/26\/cardano-still-cheap-at-0-82-aiming-for-4-to-8-targets\/","title":{"rendered":"Cardano Still Cheap at $0.82, Aiming for $4 to $8 Targets"},"content":{"rendered":"<ul>\n<li><strong>Cardano is trading at $0.82 but could surge past $4, with $7\u2013$8 also possible, says a popular crypto analyst.<\/strong><\/li>\n<li><strong>ADA just broke out of consolidation and hasn\u2019t yet reached previous highs, signaling it\u2019s still early in the rally.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>Cardano (ADA) is currently trading at about $0.82, up <span><strong>2.21%<\/strong><\/span> over the last 24 hours and <span><strong>46.54%<\/strong><\/span> over the last 30 days. However, according to popular crypto analyst <a href=\"https:\/\/www.tradingview.com\/chart\/ADAUSDT\/QOxleeVK-Cardano-Has-Plenty-of-Room-To-Grow-Will-Hit-Beyond-4-Easily\/\" target=\"_blank\" rel=\"nofollow noopener\">Master Ananda<\/a>, this price is considered \u201cstill very cheap\u201d considering ADA\u2019s potential in the current bull market cycle. He even believes that ADA\u2019s price could easily surpass $4, then climb to $7 or $8.<\/p>\n<h2><strong>Early Signs Point to a Bigger ADA Breakout Ahead<\/strong><\/h2>\n<p>According to the analyst, Cardano\u2019s major move occurred in late 2024, specifically between November and December. Afterward, the price tended to move sideways and failed to break through the December peak or the March 2025 high. But herein lies the key: he sees Cardano as still in the early stages of a longer uptrend.<\/p>\n<figure id=\"attachment_1196699\" aria-describedby=\"caption-attachment-1196699\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1196699 size-full\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/07\/ADA-tv.jpg\" alt width=\"2560\" height=\"1254\"><figcaption id=\"caption-attachment-1196699\" class=\"wp-caption-text\">Source: Master Ananda on TradingView<\/figcaption><\/figure>\n<p>The current situation also indicates that <a href=\"https:\/\/www.crypto-news-flash.com\/ada-explodes-30-in-new-bull-run\/\" target=\"_blank\" rel=\"noopener\">ADA has just emerged<\/a> from a sideways pattern, accompanied by a mild correction after a 13-day rally since July 8th. There has only been one red day in the last three days. Even that isn\u2019t a sign of weakness\u2014more like a short breather before a long run.<\/p>\n<p>And considering the performance of other major coins like Bitcoin, Ethereum, and <a href=\"https:\/\/www.crypto-news-flash.com\/retail-xrp-investors-tap-defi-yield\/\" target=\"_blank\" rel=\"noopener\">XRP<\/a>, which have already set or are approaching new records, there\u2019s strong reason to believe Cardano\u2019s turn is just around the corner.<\/p>\n<h3><strong>Behind the Scenes, Cardano Activity Tells a Bullish Story<\/strong><\/h3>\n<p>On the other hand, the latest <a href=\"https:\/\/www.coinglass.com\/currencies\/ADA\" target=\"_blank\" rel=\"nofollow noopener\">data from CoinGlass<\/a> shows interesting dynamics in the ADA derivatives market. Daily derivatives trading volume plummeted by 50.83%, leaving only around $2.16 billion. This means many short-term traders are starting to step aside. But oddly, open interest actually rose 2.57% to $1.47 billion.<\/p>\n<p>So, despite the decline in volume, open positions continued to grow. Many are choosing to hold onto their positions. Perhaps they also believe it\u2019s not time to exit yet.<\/p>\n<figure id=\"attachment_1196692\" aria-describedby=\"caption-attachment-1196692\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1196692 size-full\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/07\/ADA-OI.png\" alt width=\"1806\" height=\"409\"><figcaption id=\"caption-attachment-1196692\" class=\"wp-caption-text\">Source: CoinGlass<\/figcaption><\/figure>\n<p>Furthermore, options volume for ADA has virtually disappeared from the radar\u2014down 92.94% to just $6,590. What it means? The market isn\u2019t interested in playing with complex options channels. The primary focus seems to be shifting toward futures and perpetual contracts, which more quickly reflect short- to medium-term price movements.<\/p>\n<p>Not only that, Cardano hasn\u2019t been sitting idle on the technology front either. The CNF previously reported that the Cardano Foundation recently <a href=\"https:\/\/www.crypto-news-flash.com\/will-cardanos-new-tool-accelerate-ada\/\" target=\"_blank\" rel=\"noopener\">launched Tool Compass<\/a>, a tool that accelerates the development process on the Cardano blockchain. This Compass automatically matches tools to project needs, eliminating the need for manual search. This tool is believed to accelerate developer integration into the ecosystem.<\/p>\n<p>Looking at network activity, Cardano also saw a significant spike in early July. Over 111 million network interactions were recorded, including over <a href=\"https:\/\/www.crypto-news-flash.com\/cardano-network-activity-surges-past-111-million-will-ada-follow-with-a-price-spike\/\" target=\"_blank\" rel=\"noopener\">138,000 Plutus scripts and nearly 8,000 Aiken scripts<\/a> activated. These numbers are no small feat\u2014they indicate developers are starting to become active again and the ecosystem is being polished from the inside out.<\/p>\n<hr>\n<h6>Recommended for you:<\/h6>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano is trading at $0.82 but could surge past $4, with $7\u2013$8 also possible, says a popular crypto analyst. ADA just broke out of consolidation and hasn\u2019t yet reached previous highs, signaling it\u2019s still early in the rally. Cardano (ADA) is currently trading at about $0.82, up 2.21% over the last 24 hours and 46.54% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":467592,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[128,923,123,25],"class_list":{"0":"post-467591","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-ada","9":"tag-altcoin","10":"tag-cardano","11":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/467591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=467591"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/467591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/467592"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=467591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=467591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=467591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}