Cardano (ADA) hasn’t made much noise lately. While many cryptocurrencies are seeing action, ADA has been trading quietly below $0.85.
But according to popular crypto analyst Ali Martinez, this price behavior isn’t boring — it might actually be building up for a breakout.
Similar Price Patterns From the Past
Martinez points out that ADA’s current price pattern looks very similar to what happened before its last major rally. In that cycle, the coin moved slowly, hovered near the 0.5 Fibonacci level, and then eventually crossed $1. From there, it continued to rise.
Right now, ADA is showing the same slow movement, staying steady but not breaking down. This kind of setup may not seem exciting, but sometimes the biggest moves come after long periods of silence.
What Are the Key Price Levels to Watch?
If the pattern continues, ADA could first target $1.15, followed by $1.74 and $3 — all previous resistance levels. If those are crossed, the final target in this projection is around $6.25. It won’t be a quick journey, but technically, the path looks possible.
Why No One’s Talking About It
What makes this interesting is that most crypto traders aren’t paying much attention to ADA right now. But as history has shown, the most silent coins often surprise everyone. That’s why many are quietly watching Cardano to see if it makes a strong comeback.
Disclaimer
This article is for informational purposes only. It is not investment advice. Please consult a financial expert before investing in any cryptocurrency.