Cardano Could Explode By 1,850% In ‘Monster Parabolic Rally’: Analyst

Quick Summary:

Cardano Fractal Analysis Points To Major Upside Martinez’s chart (published on the 3-day timeframe) draws a parallel between Cardano’s price action in the 2018–2021 cycle and its present structure, highlighting a near-identical fractal pattern.

A new analysis by crypto strategist Ali Martinez suggests that Cardano (ADA) might be on the cusp of a significant upward move—potentially reaching the $15 price mark, which would represent a staggering 1,850% rally from current levels near $0.76.

In the current cycle, Cardano appears to be retesting a similar support line, shown on Martinez’s chart as a horizontal band around $0.76–$0.80.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustria

Topics: Cardano Cardano price ADA price Cardano news Cryptocurrency Market News Cardano price Analysis ADA

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Article Type: News Report

Published On: 2025-02-06 @ 18:30:55 (14 hours ago)

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News Source URL: newsbtc.com

Language: English

Article Length: 438 words

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Copyright Owner: © NewsBTC

News ID: 25940803

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