The price of Cardano ($ADA) has dropped significantly in the past week, falling below $1. However, history shows that similar corrections often lead to substantial growth, with predictions that the price could reach $6.

In the short term, the outlook is quite bleak as the price decreased from $1.2 to below $0.8, but has recovered to $0.9. Nevertheless, ADA is still down 25% since December 12.

Looking further ahead, ADA has increased by 160% in less than two months, from a level of $0.3-$0.4 before the US elections to a new peak above $1.3.

Expert Ali Martinez believes that the current correction could be an opportunity, as ADA is following a similar pattern to 2020. He predicts that the price could surpass the $3.09 peak of 2021 and reach $6. 🚀