Cardano ($ADA) is showing fresh bullish momentum after erasing nearly four weeks of losses in just five days.
The recovery follows a rebound from a multi-year support zone. This price area previously served as a major resistance level during the 2020-2021 bull market.
Now, market watchers believe the latest move could mark the start of a new multi-year uptrend. Under this bullish scenario, $ADA could climb as high as $13.52 by 2028.
Cardano Rebounds From Key Long-Term Support
Notably, Cardano’s long-term chart confirms $ADA hit a critical support zone after its strongest bearish cycle since 2021. The previous bear market bottom formed in December 2022. $ADA later confirmed a double bottom in June 2023.
This present cycle followed a different timeline. Cardano peaked in December 2024 at $1.3187 before falling to its latest low in June 2026 at $0.1387. With $ADA trading at $0.1824, it has rebounded by over 31%.
The recent recovery developed within a support zone that held for about five weeks. Interestingly, this same price range acted as major resistance in 2020. Buyers needed nearly six months to break above it before Cardano entered its previous bull market.
With that former resistance now acting as support, the long-term trend has turned bullish.
A Longer $ADA Bull Market Is Possible
Now, Cardano’s next bull cycle could last longer than previous ones. While a one-year rally remains possible, at least a two-year timeline is more realistic.
Essentially, rather than another prolonged bear market, future cycles will resemble Bitcoin’s recent price action, meaning shorter corrections followed by upward momentum.
Moreover, the crypto market has matured since the last cycle, with the rise of ETFs, institutional participation, and regulatory clarity from the SEC. Accordingly, future bull runs could last longer while major downturns become less severe.
Key Price Targets Stretch to $13.52
Notably, several technical levels could serve as milestones if Cardano’s recovery continues. The first target is $1.32, where the rally could temporarily slow. The next major resistance sits at $2.05, which may attract stronger selling pressure.
A move back to the previous all-time high region near $3.1 would mark the next major long-term objective.
Beyond that, there is a potential rally to $7.76, representing roughly 4,200% gains from current levels. The most bullish target stands at $13.52 by 2028, implying an estimated 7,400% increase if the technical outlook plays out.
