Cardano Could Explode By 1,850% In ‘Monster Rally’: Analyst
A new analysis by crypto strategist Ali Martinez shows Cardano could be on the cusp of a major upward movement – the potential price hits $15, which would be amazing at the current level 1,850% of the gathering, close to $0.76. “If historical data is any guide, Cardano could be the beginning of the monster parabolic rally!” Martinez wrote through X.
Cardano fractal analysis points to a major upward trend
Martinez’s chart (Published over a 3-day timeframe) Reaching similarities between the price action of the 2018-2021 cycle and its current structure highlighting nearly the same fractal pattern. In the last cycle, the ADA merged for several months within a defined level range, then made a decisive breakthrough and retested the upper boundary. Retesting then results in Parabola rises It spans from the end of 2020 to 2021.
In the current cycle, Cardano appears to be retesting a similar support line, showing the horizontal band around $0.76-0.80 on Martinez’s chart. If the ADA follows the same trajectory as it happened in the last major rally, Martinez’s “monster parabolic tug” fractal means a gain of $15.
Related Readings
Currently, instant support is 0.76-$0.80. According to the chart, ADA hovers at the key Support area– Its role in the previous cycle was to provide a springboard for subsequent bull runs.
The next significant resistance level is about $1.60, consistent with the upper boundary of the gray-high area on the chart. It is worth noting that this price level is also consistent with the 0.5 Fibonacci reversal opening level extracted from the last bull peak to the bottom of the bear market.
In the long run, the gray extended price line in the Martinez chart illustrates fractal-based predictions, which suggests that the ADA may eventually pour into the $15 region. If the ADA continues to follow this trajectory, the area between the 0.618 Fibonacci level ($2.00) and the 0.786 Fibonacci level ($2.47) can act as a temporary resistance zone, potentially recovering its upward trend before the rally Before motivation, it may lead to a brief integration.
Related Readings
Martinez’s perspective depends on the ideas that the crypto market often displays Periodic behavior. In the last major cycle of Cardano, once the critical level of level was retracted and retested successfully, momentum accelerated sharply, eventually reaching its peak with explosive moves. With the current market retesting the critical support zone again, Martinez believes the table is set for another extended Bull stage.
Of course, fractals cannot guarantee future performance; instead, they are visual auxiliary tools that highlight how the price structure resonates with past market behavior. Whether Cardano follows this script depends on the broader market conditions and investor sentiment. Nevertheless, analysts’ forecasts highlight why you should watch the $0.76 level.
At press time, the ADA traded at $0.74.
Featured images from Shutterstock, charts from TradingView.com
