18 January 2025
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Cardano Price Predicted to Reach $6 Based on Historical Data
Bearish pressure in the cryptocurrency market is easing, with large-cap altcoins like Cardano showing signs of recovery. Cardano has recently reclaimed the $1 mark and is recognized as a top performer in 2025.
Potential for ADA Price Rally
- Analyst Ali Martinez suggests that Cardano could rise to $6 after recent price corrections.
- Fractals indicate recurring chart patterns, which can forecast future price movements.
- Cardano's price corrected by 43%, similar to its pattern four years ago before significant gains.
- The token may be set for a bullish breakout in two to three weeks.
- Martinez forecasts a 400% increase from current levels if the upward trend continues.
Current Cardano Price
As of now, Cardano (ADA) is priced at $1.15, marking a 5% increase over the past 24 hours and more than 20% over the last week.