Home NewsAltcoin Cardano Price Forecast: ADA Targets $0.60 as German Bank Opens Trading

Cardano Price Forecast: ADA Targets $0.60 as German Bank Opens Trading

by Ouess
Cardano price forecast

Institutional Green Light: Cardano Price Forecast Turns Bullish on German Bank Approval

The landscape for Cardano just changed dramatically. Germany’s DZ Bank has received MiCAR approval to offer institutional ADA trading, effectively opening the gates for regulated, conservative European capital to flow into the ecosystem. This monumental shift arrives as ADA breaks out from a prolonged downtrend, leading our Cardano price forecast to turn decisively bullish with a clear path toward $0.60 and beyond.

https://twitter.com/Cointelegraph/status/2011257118725185680

Why is this banking news so crucial? It’s not about sheer volume—it’s about quality of capital. Institutional money entering through regulated banks tends to be long-term, stable, and patient. This creates a durable support floor beneath the market, reducing violent pullbacks and enabling organic, sustained growth. With ADA already bouncing from key support near $0.3841 and surging 7% on positive CPI data, the timing of this institutional catalyst is impeccable.

Technical Setup Supports Our Cardano Price Forecast

Our Cardano price forecast is reinforced by a compelling technical structure. ADA has been confined to a descending channel since August 2025 but is now challenging the upper resistance boundary. The key level to watch is $0.47. A decisive flip of this level into support would confirm a breakout and open a clear trajectory toward $0.60, a prior major supply zone.

Cardano price forecast
ADA Price Source : TradingView

Momentum indicators agree. The DMI shows bullish momentum taking control (+D crossing above -D), and the ADX is rising toward 25, indicating strengthening trend power. This alignment of a bullish technical structure, improving momentum, and a fundamental institutional catalyst creates a powerful confluence for upside continuation.

My Thoughts

This is a classic “right place, right time” setup. Cardano has been building robust infrastructure for years, and now regulated finance is arriving to utilize it. The DZ Bank move will pressure other EU banks to follow, creating a pipeline of institutional demand just as ADA’s technicals flash green. While the short-term target is $0.60, the larger story is Cardano’s transformation into a bankable institutional asset. This could redefine its valuation floor permanently.

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