Cardano (ADA) holders have faced tough times recently, with ADA dropping over 15% in the past month and falling below the critical $0.3550 mark. Many find themselves in the red, uncertain about the next steps. However, for long-term believers, there's a silver lining on the horizon. Expert analyst Alan Santana suggests that Cardano might be nearing the end of its correction phase, with the potential for a significant comeback. Hereโs what might be in store for ADA and why 2025 could hold major opportunities.
ADAโs 2024 Correction โ Is the Bottom Finally Near?
According to Santana, ADAโs recent correction might be wrapping up. His analysis indicates that ADA's intense market retracement is positioning it for a recovery. ADA's price appears to be stabilizing, which could mean a bottom is forming. Notably, while other major cryptocurrencies like Bitcoin and Solana have begun retesting their 2024 highs, ADA remains 56% below its peak of $0.7742. This signals untapped recovery potential if market sentiment shifts favorably for Cardano.
Market Pressure โ Will ADA Hold Strong Amid Volatility?
While the crypto market has seen gains, ADA still faces the risk of further pressure, especially if Bitcoin corrects. However, Santana believes that if ADA dips again, it would be minimal and short-lived. With 80-90% of ADAโs correction phase complete, the coming weeks might offer a crucial consolidation period. For long-term investors, this accumulation zone could be an ideal opportunity to capitalize on ADAโs future potential.
Santana advises against selling, emphasizing that ADA's price may already be close to the bottom, making this a valuable phase for those with a long-term perspective.
ADA Price Prediction for 2024-2025 โ Could We See a 130% Gain?
Santanaโs outlook for ADA is bullish, particularly as we move from late 2024 into 2025. While ADA might face minor dips, he anticipates a moderate rally beginning from November 2024 through February 2025. If market conditions align, Cardano could experience a significant bull run by March 2025, with Santana projecting up to a 130% increase in ADAโs price, potentially pushing it to $0.70.
With ADA currently trading around $0.3371, this projected growth trajectory could be highly profitable for patient investors. The potential rise offers renewed optimism for those willing to look beyond short-term volatility.
Final Thoughts โ Should You HODL Cardano?
If youโre a long-term ADA holder, Santanaโs analysis suggests patience might be your best strategy. With ADA nearing the end of a major correction phase, now could be an opportune moment to add ADA to your watchlist or buy the dips. The period from 2024 to 2025 could see ADA make substantial gains, especially if it enters a new bullish cycle.
For those looking to capitalize on a potential surge, the next few months may provide strategic entry points for long-term profits. Staying focused on Cardanoโs strong fundamentals and community support could prove valuable as the market anticipates ADAโs next breakout.
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