CryptosRus posted a chart that suggests a potential price target of $6 for Cardano (ADA) by mid to late 2025. This projection is based on historical price movements, indicating that if ADA follows patterns established in previous market cycles, this target could be realistic.
The chart emphasizes key historical phases, notably the recovery from the COVID-19 market crash in 2020, during which ADA price experienced an impressive rebound of over 4,000% within about 343 days.
Additionally, the analysis notes a consolidation phase from 2022 to 2023, where ADA saw a significant upward movement of 75% during one breakout.
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Currently, the chart indicates that ADA is in a consolidation phase similar to the accumulation zone observed in 2020. If this pattern continues, a price target of approximately $6.24 could represent a staggering 2,265% increase by July to September 2025.
Furthermore, the analysis points out that each breakout in ADA’s price history has been accompanied by a notable rise in trading volume, which highlights the critical role of market interest during these upward trends.
The prediction of a $6 target may even be conservative, especially considering potential collaborations with Dogecoin and further developments within the Cardano ecosystem.
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The post This Chart Shows Why $6 Is Pessimistic Prediction for ADA Price: Reveals When Cardano Will Peak appeared first on CaptainAltcoin.
