Pundit Predicts Cardano Has Bottomed, Primed for ’Big Rally’ to New Highs
Forget the sideways grind—one prominent voice says Cardano's consolidation phase is over. The call? A major trend reversal is locked and loaded.
The Bottom Is In
Analysis points to a definitive end of the downtrend, with key support levels holding firm against repeated tests. The technical setup, according to the pundit, now screams accumulation, not distribution.
Gearing Up for the Climb
The prediction hinges on a multi-layered thesis: renewed developer activity, a maturing DeFi ecosystem on-chain, and a macro backdrop that's slowly turning favorable for risk assets. It's not just hopium—it's a chart-based forecast for a sustained move north.
The Target: Uncharted Territory
The 'big rally' isn't to some modest, previous resistance level. The projection charts a course past all-time highs, suggesting a re-rating of the entire project's value proposition. Let's see if the 'fundamentals' crowd catches up to the price action this time—or just writes another report explaining it after the fact.
Buckle up. If this call is right, the sleepy period is over.
A recent price resurgence has sparked speculations that Cardano has bottomed and would only see higher prices from its current level. Cardano (ADA) rallied the most among the top 10 cryptocurrencies by market cap over the past 24 hours, rising 14% to trade at $0.445.
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