$5 and $7 ADA ATH Price Set in Motion as Analyst Charts ADA’s Uphill Run of Over 700% Towards $2.7 Target

• Bitcoin reclaims the $67,000 price target and moves upward.
• Cardano (ADA) price chart signals multiple bullish indicators.
• The price of Cardano (ADA) cloud set a new ATH of $5 or $7 and above.

Bitcoin price reclaims the $67,000 price level and continues to climb upwards. Analysts expect Bitcoin (BTC) to set new ATHs soon. Meanwhile, multiple altcoins are flashing bullish signs on their price charts to signify the possible arrival of altseason. This altseason is prepared to usher in new ATHs for multiple altcoins.

Altseason Potential Sparks Bullish Signal for ADA

One of the altcoins showing highly bullish signals is Cardano (ADA). The blockchain has set incredibly impressive milestones so far this bull cycle and ADA holders hope to see this success reflected in the assets’s price this bull run. Presently, one analyst shines a light on a highly bullish indicator on the ADA chart.

As we can see from the post above, the analyst observes that Cardano (ADA) remains here with its first target at the $2.7709 level and notices multiple bullish patterns through prices and indicators. Above all, he sees a possibility for ADA to see a continuation within an over 630% run to reach this target.

Cardano’s ADA Prepares to Hit New ATH of $5 or $7 and Above

If this target is reached, the analyst does not expect the price pump to stop there. In the previous breakout and run, prices of ADA exceeded more than 3 targets, which, with this happening again, can result in a >2,030% climb from here to over a price of $7.82.

https://x.com/JavonTM1/status/1820566609632932337

In the post preceding the above, the analyst predicted a similar move where ADA price continued to hold a break out and remained on a trajectory that pointed at a massive bull run ahead. This time he predicted a run towards the $5 target. Looks like the expectations for ADA to hit a higher high have now come into play.