$ETH Surprising Prediction: Cardano (ADA) Price Set to Soar 300%!

The latest technical analysis shows that the price of Cardano (ADA) has the potential for a significant surge. A leading analyst on TradingView, Master Ananda, has identified a promising Falling Wedge pattern that suggests a price increase of up to 300% in the coming months. With this pattern, Cardano (ADA) is predicted to reach price levels not seen before.

Promising Technical Analysis: Falling Wedge Pattern

The Falling Wedge pattern that has formed since January 2025 indicates that Cardano (ADA) has entered the final phase of a long price correction and is ready for a bullish reversal. This pattern is characterized by a series of lower peaks and lower troughs, which are becoming increasingly narrow. Currently, Cardano (ADA) has successfully broken above this pattern, indicating the potential onset of a new bullish phase.