Technical analysis by Migoreng_wrap about Symbol ADA: Buy recommendation (8/28/2025)

Cardano (ADA) is one of the OG cryptos from 2017 and also part of the US crypto strategic reserve as announced by Trump on 3/3/25. ADA|USD needs to break the key $5 level for it to make higher new ATHs. Price action on ADA is about to moon as it starts to make its wave 3 move. ADA.D is currently at c. 0.8% dominance of the crypto market. When Alt Season kicks off, I expect ADA.D to top out around 3.4% - 4.4% of the crypto market. If ADA was to make a new ATH in dominance it would be around 5% and above. Keep an eye out on these levels as potential sell ranges. ADA|BTC pair, currently at presenting a inverse head and shoulders and getting closer to the neckline. Which is a bullish sign for ADA as it should make its wave 3 move in ADA|BTC pair. Cardano (ADA) USD Targets: Target 1: ~$5.00 Target 2: ~$8.20 Target 3: ~$13.50 Target 4: ~21.50 (Moonshot)