Analyst Predicts Cardano Price Could Surge 800% to $7.82
Cardano's price shows strength with potential for a significant rally. Analyst Javon Marks suggests Cardano ([ADA](https://holder.io/coins/ada/)) may reach $7.82 during this bull run, following a similar pattern from the previous market cycle.
- Marks highlights Cardano's historic breakout pattern, noting past cycles where ADA met and exceeded price targets.
- The current technical structure remains bullish, with signs of upward momentum possibly leading to new highs.
- An initial target is set at $2.77, representing a potential gain of over 221% from current prices.
- If the bullish trend continues, ADA could surge by more than 800% to around $7.82.
The ongoing breakout has occurred quietly but may evolve into a larger rally as market confidence increases. Marks believes ADA's recovery has substantial strength, contingent on maintaining current momentum.