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Chart Predicts Cardano Surge to $4 All-Time High by Year-End Despite Current Market Dip

Chart Predicts Cardano Surge to $4 All-Time High by Year-End Despite Current Market Dip

Published:
2025-08-29 09:06:38
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Cardano defies current market turbulence with bold $4 price target—technical analysis suggests breakout pattern forming despite short-term pressure.

Technical Momentum Building

Analysts point to historical consolidation patterns preceding major ADA rallies. The chart indicates strong support levels holding firm while accumulation metrics show institutional interest growing steadily throughout Q3 2025.

Market Cycle Alignment

Current price action mirrors previous pre-bull market behavior where ADA consolidated for 60+ days before explosive moves. The $4 target represents a 300%+ gain from current levels—ambitious but technically justified based on Fibonacci extensions and volume profile analysis.

Because nothing says 'sound investment' like relying on lines drawn by someone who probably trades from their mother's basement.

Cardano Analysis/Mintern For context, ADA currently trends within a rising wedge, a structure it formed from its lows of $0.22 in June 2023. Meanwhile, its last rally to the channel’s upper boundary in December 2024, when it reached $1.32, formed a descending resistance neckline. Notably, the trendline was responsible for the rejection seen in August 14’s rally to $1.02. As cardano consolidates following the rejection, the chart highlights that its next support lies around the channel’s lower boundary, slightly below the 0.50 Fibonacci retracement at $0.5424. Cardano to $4.14 This Year According to the analysis, Cardano is expected to rally to $4.14 by the end of this year, aligning with the upper trendline of the ascending wedge. From the current market price of $0.830, the rally to the new all-time high represents a 399% growth. Notably, the target aligns with the 2.00 Fibonacci extension in the accompanying chart. Before the price mark, the analysis highlighted prior targets, including $1.47, $1.79, $2.47, and $3.10. However, ADA needs to stay above the support level at $0.51 to keep the prospect of a price increase alive. Interestingly, some members of the Cardano community expect higher prices. In response to Minterm’s post, proponent Rulo believes that ADA will rise much higher to $10 this year. He shares this sentiment with several other market analysts, including Cardano permabull Dan Gambardello and stake pool operator Ssebi.

|Square

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