The Cardano (ADA) price has been relatively quiet lately, but something is brewing beneath the surface. According to an analyst, a pattern is emerging that often precedes explosive price movements. ADA may be on the eve of its highest valuation in years.
Cardano price in symmetrical triangle
According to well-known analyst Ali Martinez, Cardano has been moving sideways for weeks within a so-called symmetrical triangle. This is a pattern in which the price shows smaller and smaller fluctuations. Buyers and sellers keep each other in balance, but this often leads to a sudden breakout up or down when one of the parties gains the upper hand.
Martinez expects the breakout will likely be upward. In his technical analysis he suggests that the price could rise towards 1.70 to 1.75 dollars in the event of a breakout. Compared to the current rate of $0.66, this represents an increase of approximately 165 percent.
Martinez’s statements follow a difficult period for the token. In September, ADA peaked at around $0.88. But after the news of significant tariffs from Trump on China in October, the price fell sharply. Over the past two weeks, ADA has been moving sideways within a trading range of around $0.60 to $0.69.
‘Buy of the century’, but beware of correction
Martinez is not the only one who is optimistic. American crypto analyst Mr. Brownstone even sees Cardano as “the purchase of the century”. According to him, this is the perfect time to get involved for long-term investors.
In a recent
Brownstone also warns: he expects a sharp correction before the real fireworks. In the first quarter of 2026, ADA could fall to $0.20, a drop of almost 70 percent. This would be followed by a prolonged bull market.
Source: https://newsbit.nl/ontwaakt-cardano-uit-lange-winterslaap-analist-verwacht-165-stijging/
