Cardano Primed for Explosive Rally—Top Analyst Says ATH Retest Imminent
Cardano (ADA) bulls are loading up as a prominent crypto strategist predicts a blistering return to all-time highs. Here's why the sleeping giant might wake up swinging.
### The Setup: A Textbook Bull Flag
ADA's recent consolidation resembles a coiled spring—historically, these patterns resolve violently. The analyst notes parallels to Q1 2021, just before its 1,500% moonshot.
### Catalyst Cocktail: Smart Contracts & Institutional FOMO
With Vasil upgrades fully deployed and institutional DeFi inflows hitting $2B/month, Cardano's fundamentals finally match its hype (take notes, Terra refugees).
### Price Targets: Beyond Mere ATHs
The real story? This rally could breach $10 by 2026 if network activity keeps its current 30% quarterly growth—assuming the SEC doesn't try to 'protect' investors into poverty first.
Cardano 1W Chart
ADA recently broke out of a similar wedge pattern after bouncing off long-term trendline support near $0.7485 and $0.5298. The setup suggests cardano could be preparing for another upward move, potentially retesting its all-time high of $3.09 if the trend continues. Mintern suggests Cardano could reach $11 during this cycle.
Meanwhile, another analyst, Tyler Burke, predicts ADA will reach $11 to $12 by 2026. In a chart shared on X, a parabolic rise following years of accumulation and sideways movement suggests that ADA could be gearing up for a major breakout in the next market cycle that could see a 10x uptick in the token's price.
