Cardano

2024

April

Coin

<ul class="news-points"> 
 <li><strong>An analyst said ADA would keep consolidating for months before a big rally.</strong></li> 
 <li><strong>ADA lacked liquidity and could slide to $0.41 in the short term.</strong></li> 
 <li><strong>A 36.92% gain is possible in a few months but ADA might surpass its ATH by 2025.</strong></li> 
</ul> 
<p>In a post dated February 3, crypto analyst Ali Martinez noted that <a href="https://coinedition.com/cardano-ada-poised-for-surprising-rally-analysts-anticipate-major-gains/" target="_blank" rel="noreferrer noopener">Cardano (ADA)</a> might keep consolidating for the main time. However, Martinez mentioned that this consolidation might continue till April 2024, after that, ADA’s rally would begin.</p> 
<p>The analyst gave the reason for his prediction, saying that ADA’s price action was similar to what happened in late 2020.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Should the patterns align and <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Cardano</a> mirrors its late 2020 price behavior, we can anticipate <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ADA</a> to remain in a consolidation phase until April 2024, setting the stage for its next bull rally! <a href="https://t.co/xEKu1LQRRo" target="_blank" rel="nofollow">pic.twitter.com/xEKu1LQRRo</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1753797741472559125?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-a-rep-e-at-is-an-option"><strong>A Rep</strong>e<strong>at Is An Option</strong></h2> 
<p>For most of 2020, ADA moved between $0.022 and $0.050. But around November of the same year, the price broke out, leading ADA to hit $3 in August 2021. From the chart Martinez shared, he drew trendlines showing that the token might move between $0.30 and $0.51 between this period and April…</p>
<p>The post <a href="https://coinedition.com/cardanos-ada-price-to-jump-by-1797-percent-but-not-now-when/">Cardano’s (ADA) Price to Jump By 1797% But Not Now: When?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Cardano’s (ADA) Price to Jump By 1797% But Not Now: When?

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