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Is Cardano’s ADA Gearing Up for a Major Rally to $14?
Cardano’s current price ranges between $0.64 and $0.84, offering a potential accumulation opportunity before breakout.
Analysts predict a potential $14 target if past cycles repeat.
Strategic developments, like Cardano’s inclusion in asset reserves and potential federal spending tracking, can fuel long-term growth.
Cardano’s ADA is showing striking similarities to its previous market cycle, grabbing the attention of investors. At the time of writing, $ADA is trading between $0.64 and $0.84—a level seen as a prime buying opportunity.
According to a crypto analyst, the current phase mirrors the final drop (“capitulation candle”) of Cardano’s previous cycle. If this pattern continues, $ADA could be on track for a rally toward the $14 mark, as earlier predicted. The analyst suggests that investors shouldn’t wait for a dip to $0.64, as that price point might only occur as a brief capitulation wick.
$ADA update:
You can't make this shit up. We're really tracking last year's cycle.
Just look at the two images and see the stupid similarities. We're now at the capitulation candle to test moving averages stage of $ADA's journey.
Some things to note:
1. Like w…
The post Is Cardano’s ADA Gearing Up for a Major Rally to $14? appeared first on Coin Edition.
Analysts predict a potential $14 target if past cycles repeat.
Strategic developments, like Cardano’s inclusion in asset reserves and potential federal spending tracking, can fuel long-term growth.
Cardano’s ADA is showing striking similarities to its previous market cycle, grabbing the attention of investors. At the time of writing, $ADA is trading between $0.64 and $0.84—a level seen as a prime buying opportunity.
According to a crypto analyst, the current phase mirrors the final drop (“capitulation candle”) of Cardano’s previous cycle. If this pattern continues, $ADA could be on track for a rally toward the $14 mark, as earlier predicted. The analyst suggests that investors shouldn’t wait for a dip to $0.64, as that price point might only occur as a brief capitulation wick.
$ADA update:
You can't make this shit up. We're really tracking last year's cycle.
Just look at the two images and see the stupid similarities. We're now at the capitulation candle to test moving averages stage of $ADA's journey.
Some things to note:
1. Like w…
The post Is Cardano’s ADA Gearing Up for a Major Rally to $14? appeared first on Coin Edition.
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