At a time when many public chains are in silence, Cardano ($ADA) quietly completed strategic cooperation, surging 22% in a single week, with prices once breaking $0.83! Even more impressive, the ADA/JPY trading pair saw a 24-hour trading volume soar to $121.5 million, leapfrogging to become the second-largest trading pair in the world! This surge should not be underestimated.
Will ADA rise again? Let's hear what professional analysts have to say:
If the total market cap of cryptocurrencies once again hits the 1.618 Fibonacci extension level, it is expected to surge to $6.5 trillion;
Referring to the last bull market where ADA's market share was 4.5%, this time the market cap could soar to $292.5 billion, with prices aiming for $8;
If the crypto market further expands to $10 trillion, models estimate ADA could soar to the $10-14 range.
These are not just random guesses; they are based on market capitalization ratio + power law regression model + historical data comprehensively calculated target ranges, with rigorous logic and clear structure behind them.
On the technical side, another analyst, Dan Gambardello, has also released significant signals:
The weekly and monthly MACD indicators have both turned bullish; historically, similar patterns have triggered a super market rally;
ADA has completed an inverse head and shoulders breakout; if it stands above the 200-day moving average in the short term, the rebound momentum may be completely ignited;
After breaking the psychological barrier of $1, the next stop is between $1.20 and $1.25;
If it faces downward pressure, the support levels are at $0.65 and $0.58 respectively.
Cardano is at a convergence point of multiple favorable factors,
The macro market cap model points to $14,
Technical layout is poised for action,
On-chain data and market behavior are starting to resonate...
Brothers, before the next wave rises, do you want to stand on the crest of the wave or be submerged on the shore?
