The past weeks have been tough for Cardano (ADA) holders. With ADA dipping over 15% in the last month and slipping below the critical $0.3550 level, many holders find themselves deep in the red zone, contemplating their next moves. But for long-term believers, there’s a silver lining ahead. One expert analyst, Alan Santana, suggests that Cardano may be primed for a significant comeback as it nears the end of an 80-90% correction phase. So, let’s explore what’s next for ADA and why 2025 might hold major potential.
ADA’s 2024 Correction – Is the Bottom in Sight?
Cardano’s correction phase has been intense, but according to Santana, ADA’s market retracement could be near completion. His analysis on TradingView suggests that the worst may be behind us, with ADA’s recent drop positioning it for a potential recovery. ADA’s price has been stabilizing around current levels, suggesting a base might be forming.
What’s more, while leading cryptocurrencies like Bitcoin, Solana, and BNB have started retesting their earlier 2024 highs, ADA is 56% below its peak of $0.7742 in 2024, signaling untapped recovery potential if market sentiment shifts in ADA’s favor.
Market Pressure Ahead – Will ADA Hold Strong?
While the broader crypto market has seen recent gains, the looming risk of a Bitcoin correction could still drag ADA lower. However, Santana believes any additional dip for Cardano is likely to be minimal and short-lived. With 80-90% of ADA’s correction phase behind us, the coming weeks could bring a crucial consolidation period.
For long-term holders, this current accumulation zone might be one of the best opportunities to capitalize on ADA’s future potential. Santana advises against selling, highlighting that ADA prices are already nearing the bottom, making this an attractive accumulation phase for those with a long-term outlook.
ADA Price Prediction for 2024-2025 – A Path to 130% Gains?
Santana’s price projection is bullish, particularly as we move from late 2024 into 2025. He suggests that while ADA may see another slight decrease, a moderate rally could emerge from November 2024 to February 2025. If the stars align, Cardano could even see a robust bull run by March 2025, with Santana predicting a potential 130% rise in ADA’s price, possibly pushing it up to $0.70.
With ADA currently trading at $0.3371, that’s an impressive growth trajectory that could make ADA a profitable hold for patient investors. The projected price levels could offer renewed optimism for those looking beyond short-term volatility.
Final Thoughts – Should You HODL Cardano?
If you’re a long-term ADA holder, Santana’s analysis suggests that patience could pay off. With Cardano nearing the end of a significant correction phase, now may be an ideal time to add ADA to your watchlist or consider buying dips. The 2024-2025 period could see ADA rise significantly, especially as it regains momentum and enters what could be a new bullish cycle.
For those looking to ride the potential surge, the next few months could provide strategic entry points for long-term gains. As the market awaits ADA’s next breakout, staying focused on Cardano’s strong fundamentals and community support may pay off in the next market uptrend.
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