Cardano Price Prediction: $ADA Will Rise Strongly When Altcoin Prices Increase?

Buyers of ADA still maintain control on Wednesday, with the price of Cardano surpassing the 50DMA line at $0.6880. According to CoinMarketCap, the price of Cardano has increased by more than 3% in the past 24 hours and has risen by more than 13% over the past seven days. Positive headlines related to the trade war have helped boost risk appetite since Tuesday, driving altcoin prices broadly higher.

The recent strong breakout of Bitcoin, which has pushed the price above $93,000 for the first time since early March, is also pulling altcoins like Cardano higher. And the recent price surge of ADA may just be the beginning. According to the widely followed technical analyst Ali_charts, Cardano has recently broken out of a flag pattern.

He predicts the price will return to $0.77. However, if the price of Cardano can surpass the highs at the end of March and the 200DMA around $0.75-77, that will open the door for a rapid price increase to challenge the early March highs of over $1.10. In the context of the recent market recovery, some analysts are even more optimistic and are calling for a new altcoin season. According to user @thecryptobasic, Deezy has predicted that the price of Cardano will increase tenfold to $7 per token.

Will Cardano's Price Skyrocket in the New Altcoin Season? According to user Elon Money, the macro conditions are still not suitable for a new altcoin season to emerge.

Instead, the current macro backdrop of persistent inflation and a weakening U.S. dollar could deter retail investors from pouring money into risky alternative cryptocurrencies like Cardano. User X VIKTOR agrees, stating that altcoins are still in a structurally bearish market, noting that he will increase his altcoin sell orders when Bitcoin once again reaches the $90,000 level.

These views align with the idea that what is truly needed for an altcoin season to explode is a favorable macro context, or more specifically, the central banks, particularly the Fed, injecting large liquidity into the market. The massive liquidity injection into the market, as seen in 2020/2021, along with the significant improvement in the economic situation ( is necessary for the altcoin season ), which is in stark contrast to the macro context we are currently witnessing. Instead, right now, the U.S. economy is at risk of falling into recession due to increasing economic instability and reduced government spending. But persistent inflation, due to tariffs, is making the Fed cautious when it comes to interest rates, which are still not much lower than the highest levels in decades reached in 2023 of over 5%. U.S. bond yields remain high and U.S. stocks are struggling to recover after the recent sell-off. This is not a good environment for altseason. The lesson for Cardano traders is not to be too eager in pursuing a higher Cardano price right now. Yes, it could return to the recent highs above $1.0 as risk appetite improves. However, the conditions for a major rally have not yet emerged.

Stack ADA Smart cryptocurrency investors should view the current market environment as an opportunity. Increased uncertainty is holding back the prices of major altcoins like Cardano. This provides believers with the opportunity to continue buying in at lower prices, with expectations of strong growth in the coming years. And the potential for Cardano's price growth in the long term seems very high – the Trump administration has been very supportive of cryptocurrencies and has taken positive steps to implement cryptocurrency regulatory policies to support growth in the U.S. cryptocurrency industry and market. Cardano, considered by Trump as one of his favorite cryptocurrencies, is a strong candidate to take advantage of this growth wave. Deezy's prediction of a 10-fold price increase could become a reality before Trump's four-year term ends in early 2029.