Cardano (ADA) Price Prediction: Why $3 Is a Key Psychological Hurdle

The crypto market is entering an interesting phase, with Bitcoin once again breaking away from its traditional correlation to tech stocks and equities.

The crypto market is entering an interesting phase, with Bitcoin (BTC) breaking away from its traditional correlation to tech stocks and equities.

While it previously moved in step with assets like the Nasdaq 100, Bitcoin is now acting more like a safe-haven asset—driven by its limited supply, global uncertainty, and weakening confidence in U.S. monetary policy.

This shift has also seen strength flow into altcoins, with Cardano (ADA) particularly set for a big move.

When analyzing how Cardano performed in its last market cycle, there are clear similarities showing up again — and that has caught the attention of crypto traders.

ADA Echoing Past Rally Setup?

One of the strongest signals is how ADA’s price movements are following global money trends, much like they did before its last major rally. Back then, gold prices topped out, and soon after, money started flowing into altcoins like Cardano. A similar pattern seems to be forming now.

Related: Arthur Hayes Connects Dots Between US Fiscal Policy and $110K+ Bitcoin Target

Currently, ADA is trading around $0.70. While short-term moves have been choppy, experts believe the bigger trend remains bullish. Some analysts predict Cardano could pick up momentum by early May if market conditions stay supportive.

For now, the next major price targets to watch are $0.71 and $80 — key levels that could open the door to a stronger rally if ADA breaks through. But beyond these short-term levels, one important resistance point stands out: $3.

Why $3 is a Key Psychological Hurdle

According to an expert Dan Gambardello, $3 is where many investors regret not selling during the last cycle, making it a psychological barrier. It’s expected that if Cardano reaches this area, the rally might slow down briefly, with increased volatility as some traders take profits.

Biggest Cardano resistance is really at $3.It’s where a lot of people have regret for not selling last cycle.The $ADA pump will probably pause in that general area with a lot of volatility, and then continue to $5.It’ll be like a crypto bus stop.

“It’ll be like a crypto bus stop,” the analyst explained — a temporary pause before the market gears up for a possible push toward $5.

Related: Why a Powerful Altcoin Season Could Be on the Horizon in 2025

Though the crypto market remains volatile, Cardano’s current setup appears stronger than it did in the past. As global money trends shift and confidence returns to the market, many are watching ADA’s next moves closely.