Cryptocurrency
Shocking Cardano (ADA) Price Prediction: Breakout Hints at 261% Surge to $2.90

TL;DR
- Cardano confirms breakout from falling wedge, now targeting $1.20 and higher in short term.
- Javon Marks sees potential 261% rally with price aiming toward $2.90 in coming cycles.
- Market Prophit sentiment split shows crowd bullish, but model warns of possible short-term caution.
ADA Price Moves Higher After Technical Breakout
Cardano (ADA) has moved up in recent sessions, trading around $0.80 after gaining 8% over the last 24 hours and over 10% in the past week. The latest price action follows a breakout from a falling wedge pattern that’s been forming since late July.
$ADA (Cardano) looks to be set for another +52% increase from here back to the $1.20+ levels based on similar previous breakouts and results!
This could all be part of a much larger run to the $2.90s which is currently over +261% away… https://t.co/ygSODks9g3 pic.twitter.com/4zOXQPK3h7
— JAVON⚡️MARKS (@JavonTM1) August 8, 2025
Crypto analyst Javon Marks pointed to a repeating setup seen in past ADA cycles. Each time the same pattern appeared, the cryptocurrency followed with a strong upward move.
Based on those examples, Marks expects the price to climb back toward $1.20, a gain of over 50% from current levels. He also suggested the rally could extend further, with a long-term target of $2.90, which would represent a rise of more than 260%.
Key Levels Hold as Buyers Step In
Analyst BitMonty also confirmed the breakout, saying ADA held its buy zone between $0.68 and $0.61. This range served as support and matched key retracement levels used by many traders. Once ADA found a base, buyers pushed the price higher and broke through wedge resistance.
With the breakout in place, BitMonty marked three near-term levels to watch: $0.99, $1.10, and $1.20. The chart shows ADA moving in that direction, and volume has stayed elevated as price pushes forward.
Support and Resistance Areas in Focus
According to our weekend analysis, ADA’s the current support levels are around $0.64 and $0.70. If price holds above those points, bulls may continue to push toward resistance at $0.90. These areas are being watched closely as traders gauge momentum.
Daily trading volume reached $1.71 billion, showing that interest has returned to ADA in the short term. The recent breakout remains valid while the price stays above previous resistance levels.
Sentiment Split Between Crowd and Models
Market Prophit reported a split in sentiment. The crowd remains bullish on ADA, while the platform’s internal model has flipped bearish. This type of divergence is not uncommon after a breakout and can reflect early uncertainty in trend strength.
In a separate discussion, the SNEK meme coin community has continued its push for recognition. Contributor Rami said in a recent post that SNEK will continue to bring adoption to Cardano. The comment comes amid a broader debate involving Cardano founder Charles Hoskinson and members of the SNEK community.
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Cryptocurrency
XRP Price Analysis: How Possible is for Ripple to Hit $4 In The Next Few Days?

Ripple has recently rallied to test the key $3.6 resistance zone.
Should buying pressure continue and price secure a breakout above this level, the move could pave the way for an extended advance toward the $4 region.
By Shayan
The Daily Chart
XRP has recently bounced from the critical $2.8 support zone, which aligns with the 0.5 Fibonacci retracement of the prior rally.
This confluence attracted notable buying interest, triggering a sharp upswing toward the $3.4–$3.6 resistance range. This zone represents a prior swing high and a likely area of concentrated supply, making it a significant hurdle for buyers to clear.
If bulls successfully reclaim the $3.6 level with strong volume, the path toward the psychological $4 threshold becomes more attainable. However, given the overhead supply, some short-term consolidation or a minor pullback from $3.6 is possible before any sustained breakout attempt.
The 4-Hour Chart
On the 4H timeframe, XRP’s bullish structure is more pronounced. Following a period of consolidation within a bullish flag formation, the market found support at the 0.5 Fib level and broke decisively to the upside.
This breakout has fueled the advance toward the $3.6 resistance.
If buyers can overcome this barrier, the resulting breakout could trigger a short-squeeze, accelerating price toward $4. Conversely, repeated rejections at $3.6 could lead to another consolidation phase within the current range before the next directional move.
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Cryptocurrency charts by TradingView.
Cryptocurrency
Capital B Acquires 126 BTC, Total Holdings Top 2,200

The data & AI technology consulting company, now turned to treasury, has released a financial statement showcasing its most recent Bitcoin procurement.
Meanwhile, the crypto asset posted some gains over the weekend and, at the time of writing, is still riding the bullish wave.
The Acquisition
Listed on the Euronext Growth Paris ($ALCPB), Capital B (formerly the Blockchain Group), announced its most recent purchase via a press release earlier today.
The 126 bitcoins were purchased for approximately €12.4 million (~$ 14.4 M), bringing their total stash to 2,201, with an average purchase price of $106,770 per coin.
This aligns with their plan to have 3,000 BTC by the end of fiscal 2025, which falls on September 27th this year, and their overall goal of owning 1% of all Bitcoin by 2033. They started the acquisitions in early November last year and have achieved a Bitcoin yield of 1,519.5% year-to-date (YTD).
This is a metric that tracks the percentage change in the ratio of total BTC holdings to fully
diluted shares outstanding over a given period, or simply put, how much more of the asset is owned per potential share of stock.
They are currently ranked 24th on Bitcoin Treasuries, neck-and-neck with HIVE Digital Technologies, which also holds 2,201 BTC, and behind the 2,353 BTC that Microcloud Hologram currently holds.
Bitcoin Outlook
The largest cryptocurrency by market capitalization had a green Sunday, opening at $116,490 and closing the day at $119,310, representing a 2.42% increase. The wave continues into Monday, and at press time, the asset remains on the rise.
An interesting week is ahead of us, as per the US economic calendar, with CPI and PPI data being released, along with several other key indicators.
Bitcoin, like other volatile assets, tends to react to macroeconomic data, so its price could fluctuate depending on the numbers. The highly anticipated Fed meeting is also approaching, with just over a month to go until we hear whether a rate cut will be announced, which is another potential catalyst for price moves.
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Cryptocurrency
A Modest One: Saylor’s Strategy Buys 155 BTC for $18 Million

Strategy – the company founded by Michael Saylor – rarely skips a Monday without announcing a crypto purchase.
Today was no exception as the company revealed it had acquired the modest (for its standards) 155 BTC for roughly $18 million. The average price of the deal was around $116,401 per coin.
Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 8/10/2025, we hodl 628,946 $BTC acquired for ~$46.09 billion at ~$73,288 per bitcoin. $MSTR $STRC $STRK $STRF $STRD https://t.co/bx0814RI1w
— Michael Saylor (@saylor) August 11, 2025
Over the past few months, the company has announced several more impressive deals. Towards the end of June, it bought 4,980 BTC for over $530 million, while a few weeks prior, it stunned the community with a multi-billion-dollar purchase.
Strategy has achieved a BTC yield of 25% YTD 2025. It is the world’s biggest corporate holder of the primary cryptocurrency, and currently it has 628,946 BTC bought for approximately $46.09 billion.
Due to the price increase of the asset, the current value of the holdings now exceeds $75 billion, meaning the company is sitting on a paper profit of almost $30 billion.
It is worth mentioning that Strategy began accumulating BTC exactly five years ago. Its initial purchase included 21,000 coins, valued at around $250 million.
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