Lucky Luciano Predicts 60% Cardano Rally After Downtrend Break

Bitcoin analyst Lucky Luciano, who has 1.9 million X followers, believes Cardano (ADA) is poised for a significant rally after breaking out of a long-term downtrend. On October 5, Luciano shared an ADA/USDT daily chart, noting that the price had moved above a downward trendline that had been in place since September 2025. At the time, ADA was trading near $0.27, up about 5% for the day. Luciano's chart suggests a potential target around 60% higher.

ADA has already shown stronger momentum, moving above $0.1387 and trading around $0.276 on October 6. This opens the door to $0.30 as the rally advances. Luciano's chart indicates that ADA was in a long-term downtrend after reaching highs of $1.0165 in mid-2025. The price found support at $0.1387 in June after an 86% dip, and has since recovered over 90%.

Other indicators confirm the improving momentum. As of October 6, Cardano’s daily chart on TradingView showed ADA trading above its 50-day and 200-day moving averages, with a bullish MACD and an RSI close to 70. The next major test for ADA is the $0.28-$0.30 range, a key resistance area. A breakout above this zone could open the path toward $0.39, representing about a 40% increase from current levels.

A weekly chart analysis identifies $0.23, $0.27 as critical support. Holding this zone would preserve the bullish setup, while a breakout above the $0.30, $0.40 resistance area could signal further upside. The next major targets would be $0.80 and $1.30, with clearing both opening the path toward $3.10, near ADA’s previous all-time high. However, a weekly close below $0.14 would invalidate the bullish setup.