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Cardano (ADA) Gears Up for Big Move as Analyst Sees Cycle Repeat


by Olivia Stephanie
for CryptoPotato
Cardano (ADA) Gears Up for Big Move as Analyst Sees Cycle Repeat

TL;DR

  • Cardano trades 76% below its all-time high, forming a gradual cycle pattern with potential for a multi-month breakout.
  • Analysts watch $0.62 support and $0.85 resistance as ADA shows signs of an accumulation phase.
  • Volume spikes, RSI divergence, and ecosystem growth fuel bullish sentiment despite the recent 8% decline.

Cardano Mirrors Previous Market Cycle

Cardano (ADA) is showing a price pattern similar to its last market cycle, according to analyst Ali Martinez. The token is positioning itself close to the Fib level 0.382 at approximately $0.623 and is at resistance on the way up towards $0.85. Martinez notes that ADA appears to be in the same phase as the 2019–2020 cycle, which later led to a strong rally.

Read the article at CryptoPotato

Read More

Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

Here's everything most interesting around ETH, ADA, and BTC.
Top Cardano (ADA) Price Predictions as of Late

Top Cardano (ADA) Price Predictions as of Late

"If you're in spot currently, you're golden, the epic bull has not started for Cardan...

Cardano (ADA) Gears Up for Big Move as Analyst Sees Cycle Repeat


by Olivia Stephanie
for CryptoPotato
Cardano (ADA) Gears Up for Big Move as Analyst Sees Cycle Repeat

TL;DR

  • Cardano trades 76% below its all-time high, forming a gradual cycle pattern with potential for a multi-month breakout.
  • Analysts watch $0.62 support and $0.85 resistance as ADA shows signs of an accumulation phase.
  • Volume spikes, RSI divergence, and ecosystem growth fuel bullish sentiment despite the recent 8% decline.

Cardano Mirrors Previous Market Cycle

Cardano (ADA) is showing a price pattern similar to its last market cycle, according to analyst Ali Martinez. The token is positioning itself close to the Fib level 0.382 at approximately $0.623 and is at resistance on the way up towards $0.85. Martinez notes that ADA appears to be in the same phase as the 2019–2020 cycle, which later led to a strong rally.

Read the article at CryptoPotato

Read More

Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

Ethereum (ETH) Price Decline, Recent Cardano (ADA) Predictions, and More: Bits Recap August 1

Here's everything most interesting around ETH, ADA, and BTC.
Top Cardano (ADA) Price Predictions as of Late

Top Cardano (ADA) Price Predictions as of Late

"If you're in spot currently, you're golden, the epic bull has not started for Cardan...