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<p>In a recent tweet, popular crypto analyst DecodeJar <a href="https://twitter.com/decodejar/status/1730445089594544411?t=YN8K8FTPtbIyG5EOv7Ausw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">pointed to</a> an extremely bullish pattern forming for Cardano’s ADA token. With ADA currently priced around $0.30, DecodeJar believes there is potential for over 5000% returns in the future.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="581" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-1024x581.png" alt="" class="wp-image-389680" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-1024x581.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-768x436.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-1536x872.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-2048x1163.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-264x150.png 264w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-616x350.png 616w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29-788x447.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-29.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong>Insanely Bullish Chart Formation</strong><br>#Cardano #ADA Primary Count” According to DecodeJar, <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="ADA" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">ADA</a> appears to be in the early stages of a massive upward price movement. He states, “I don’t believe we have even seen wave 1 complete at this point.” This implies the bulk of the gains are still ahead.</p>
<p>DecodeJar’s price target for this bull run is $16 per ADA token – over 5000% higher than today’s price. This target is based on extended wave projections built on the log scale.</p>
<p><strong>A Cult-Like Following </strong><br>While Cardano has many critics due to its slow development, it also has a devoted community behind it. DecodeJar notes ADA’s “often hated, cult like following” which helps propel its growth. The grassroots support acts as a strong price foundation.</p>
<p>An Increasingly Valuable Blockchain Beyond the speculative fervor, Cardano offers an innovative blockchain capable of running smart contracts. As development advances, ADA’s utility and value proposition increases.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/altcoins-gear-up-for-showtime-two-major-buy-signals-aligning/" target="_blank" rel="noopener noreferrer nofollow">Following Bitcoin Spot ETF Approval, This Trap is Ahead According to Popular Crypto Analyst – Here’s His BTC Outlook</a></li>
 <li><a href="https://captainaltcoin.com/chainlink-wallet-that-grabbed-80320000-link-via-81-wallets-deposits-to-binance-heres-how-much-the-whale-will-make-after-selling/" target="_blank" rel="noopener noreferrer nofollow">Chainlink Wallet That Grabbed $80,320,000 LINK Via 81 Wallets Deposits to Binance, Here’s How Much The Whale Will Make After Selling</a></li>
 <li><a href="https://captainaltcoin.com/apecoin-investors-eye-rebel-satoshi-as-the-next-big-thing/" target="_blank" rel="noopener noreferrer nofollow">ApeCoin Investors Eye Rebel Satoshi as the Next Big Thing!</a></li>
</ul>
<p>The fundamentals and technicals aligning with Cardano present a compellig upside opportunity. According to DecodeJar’s analysis, ADA holders stand to reap astronomical returns above 5000%. For crypto investors, this is a token worth watching closely.</p>
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<p>The post <a href="https://captainaltcoin.com/this-cardano-primary-count-shows-ada-is-insanely-bullish-with-over-5000-profit-opportunity/" rel="noopener noreferrer nofollow">This Cardano Primary Count Shows ADA Is Insanely Bullish, With over 5000% Profit Opportunity</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Cardano Primary Count Shows ADA Is Insanely Bullish, With over 5000% Profit Opportunity

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