Analyst Reveals New Cardano Targets Post-Retracement - Warns Move Could Happen "Very Quickly"

Crypto analyst drops fresh ADA price targets after recent pullback—says explosive moves don't wait for permission.

Timing the Bounce

Cardano's recent retracement sets up what one analyst calls a "textbook accumulation zone." The pattern suggests institutional players are loading up while retail panics—classic market psychology playing out in real-time.

Velocity Over Certainty

The analyst emphasizes speed over precision. Markets don't move when everyone's ready—they spike when positioning gets overly skewed. Current derivatives data shows shorts getting complacent right as funding rates normalize.

Targets in Play

Previous resistance levels now become magnetic targets on any momentum surge. The analysis points to clean technical levels rather than hopeful round numbers—because in crypto, charts respect math more than wishful thinking.

Just remember—analysts get paid for predictions, not accuracy. Another day, another price target in the world where everyone's a genius in a bull market.

Screenshot 2025 08 20 093006Cardano Retracement Targets/Dan Gambardello Cardano Bullish Move Could Happen Quickly Nonetheless, the analyst insisted that Cardano could rebound from any of the areas if bulls step in quickly. He noted that finding support in any of the moving averages would set the tone for a higher price move to retest the trendline above $1.03, where it faced rejection last week. Moreover, conquering this neckline resistance would further set ADA on the path to reaching the bull market door at $1.25 and beyond. If it breaks out of this zone, Gambardello shared that the next target is $2, insisting that this move could happen "very quickly." Notably, a rally from the current market price to $1.25 and $2 represents a 47% and 135% growth, respectively. Much Higher Targets for Cardano Remarkably, Gambardello had earlier projected higher price targets for Cardano should it rally past the bull market door at $1.25. He asserted that ADA would reach a new all-time high of $10.025 upon breakout, a 1,079% increase from the current price. However, he also agreed earlier that $7.5 is a more realistic target for this Cardano bull cycle, expected to end in three to six months after Bitcoin’s peak. He Leveraged analysis from Zero AI to forecast this target.