Massive ADA Rally Incoming? Analyst Spots a Bullish Pattern from 2020!
Analyst Predicts Massive ADA Rally: Cardano Gearing Up for a 1,960% Surge? Since the beginning of 2025, there has been a notable drop in cryptocurrency prices. In this regard, Cardano (ADA) has developed a...
Analyst Predicts Massive ADA Rally: Cardano Gearing Up for a 1,960% Surge?
Since the beginning of 2025, there has been a notable drop in cryptocurrency prices. In this regard, Cardano (ADA) has developed a trend that is similar to the one it had before its 2020–2021 parabolic climb. On X, a well-known cryptocurrency expert named Ali stated that the ADA has been more slowly following the 2020 pattern, which could lead to a parabolic rally in the future.
According to the weekly ADA chart the expert included in the post, the asset’s price increased 2,600% between 2020 and 2021, from $0.12 to $3. There is a good chance that ADA might rise by 1,960% and eventually hit the $15.70 mark if this occurs and the rally from 2020 to 2021 is successfully replicated.
In fact, it is possible to achieve such a surge in the cryptocurrency market. The development of crypto ETFs, growing cryptocurrency use, strategic reserves, and political backing all have the potential to significantly advance the crypto landscape.
Cardano Bulls Face a Challenge: Breaking $0.85 Could Change Everything!
Aside from all of this, ADA is currently trading at $0.7834 after rising more than 1.82% in the last day. In the same time frame, its trading volume decreased by 36.86%, suggesting that fewer traders and investors participated than the day before.
However, ADA’s modest rise is the result of the current barrier it has been encountering for the last three weeks, even if the cryptocurrency market as a whole has been seeing impressive bullish momentum. Based on the technical analysis of the expert, ADA appears to be having difficulty breaking through a critical resistance level of $0.85.
Given the current price action and past trends, there is a good opportunity that the asset could rise by 35% to hit the $1.14 mark once market sentiment changes if it is able to break through the resistance level and close a daily candle above $0.85.
For more up-to-date crypto news, you can follow Crypto Data Space.
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