Analyst Sees a Fractal That Could Send Cardano (ADA) on a 2,000% Rally

  • Using Elliott Wave theory and Fibonacci extensions, Quantum Ascend argues that Cardano could mirror ETC’s explosive surge

  • Conservative targets are set around $4 to $5, with more optimistic projections reaching $10 to over $12

  • This month, a Tradin­­gView analyst, Arman Shaban, noted shorter-term bullish patterns, including order block setups pointing to a potential 121% rally

Quantum Ascend, a crypto-market analyst, highlights a striking fractal pattern between Cardano (ADA) and Ethereum Classic during its 2021 bull run. Using Elliott Wave theory and Fibonacci extensions, he argues that Cardano could mirror ETC’s explosive surge and potentially deliver a 2,000% rally from current levels.

He sets ADA’s conservative targets at around $4 to $5, with more optimistic projections reaching $10 to over $12.

This isn’t the only time a similar prediction happened. For instance, at the start of this year, an article on Brave New Coin flagged a similar fractal warning that suggested a 900% ADA upside based on repeating price structures.

ADA’s path to a new ATH

Then, this month, a Tradin­­gView analyst, Arman Shaban, noted shorter-term bullish patter…

The post Cardano (ADA) Set for 2,000% Rally? Analyst Sees “Clean Fractal” Signal appeared first on Coin Edition.

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