Cardano’s ADA is quietly picking up steam, and one technician’s bold forecast has traders talking. Ali Martinez recently argued that ADA is “on the verge of a breakout to $1.50,” saying a clean breach of the roughly $1.10 resistance would likely clear the path for a much larger move. That call has re-focused attention on Cardano after weeks of quieter price action.
Right now, the market is already reacting. As of this publication, ADA is trading around $0.87 after a 12.97% surge in the last 24 hours, which has put the token back into the headlines. Traders watching intraday flows have taken these gains as a sign that momentum may be slowly returning to altcoins.
What makes Martinez’s $1.50 line of thinking simple to understand is the math on the chart: break $1.10 and there isn’t much in the way of close overhead resistance until the $1.40–$1.60 area, meaning a decisive breakout could translate into a 50–70% rally from current prices. Other technical shops are seeing similar patterns; some analysts are describing a falling-wedge or continuation setup that, if confirmed with volume, points toward targets in the $1.20–$1.35 range first, and then higher if the broader market cooperates.
Supportive Signs for ADA Rally
There are also on-chain and market-mood reasons people are buying into the story. Recent coverage and community discussion around the Midnight airdrop has re-energized parts of the Cardano ecosystem; community guides and claim tutorials have been widely circulated and that kind of renewed utility conversation tends to act as a short-term catalyst.
At the same time, data aggregators and market trackers are flagging a pickup in large-address activity. Whale Alert just reported a $147 million XRP whale movement. These coins were sent from crypto exchange BitGet to an unknown wallet. It is the kind of accumulation that historically precedes larger rallies in alt seasons.
That doesn’t mean the path is smooth. Breakouts can fail. If ADA repeatedly stalls under $1.10 or the move lacks volume, traders who chased early gains could face a quick retracement. Macro risks, a surprise correction in Bitcoin (BTC), hawkish macro news, or a sudden liquidity event, can also wipe out altcoin rallies faster than on-chain narratives can recover.
In plain terms, the technicals are encouraging, the on-chain picture has some supportive signs, but the market remains capable of violent reversals. For people trading this setup, the conversational takeaway is straightforward. Watch how ADA behaves around that $1.10 pivot: a high-volume daily close above it would be constructive and likely bring $1.20–$1.35 into view first; failure there can quickly flip the script and invite a pullback to recent support bands.
For longer-term holders, the longer narrative still depends on sustained growth in dApp and DeFi activity on Cardano, plus continued developer and user adoption, the kind of fundamentals that don’t change overnight. So yes, Ali Martinez’s $1.50 call is provocative, and it’s the sort of technical target that makes sense if momentum and institutional flows line up.
