Ali Martinez, a well-known cryptocurrency analyst, remains firm on his predictions for Cardano (ADA), predicting a sharp rise in the price of ADA, U.Today reported. Martinez’s predictions are based on historical patterns and current market dynamics, predicting that ADA could rise by more than 300% in the coming weeks. In his initial predictions in mid-March, Martinez highlighted the striking similarities between Cardano’s current trajectory and the patterns observed between 2018 and 2021. According to Martinez, ADA’s consolidation in the $0.55 to $0.80 range was a precursor to a sharp rise that would eventually push its value to $1.70. The latest update shows that Martinez reiterated this bullish sentiment, emphasizing that ADA’s current position is exactly in line with expectations, further solidifying the expected breakout to $1.70. Martinez emphasized the importance of previous cycles in shaping his predictions based on the accumulation pattern on the ADA price chart. Notably, Cardano’s rise in late 2010, after a 115-day accumulation phase, led to a remarkable 3,217% increase to a peak price of $3.