CandleFocus Analyst Says Buying Cardano on Dips Even if It Falls to $0.76, Eyes $4-$6 Profit Range
2024-12-10
Author: Content Editor
Crypto chartist Ali Martinez plans to continue buying Cardano (ADA) even if the price drops further. He believes ADA's current behavior mirrors its performance in the 2020/2021 bull market, where it experienced a 56.2% dip but ultimately surged by 4,095%. Martinez anticipates a potential rebound for ADA, with targets set at $4 to $6, which would be a new all-time high. The chart suggests that this milestone could be reached by July 14, 2025. This aligns with previous forecasts from Martinez and crypto analyst Max Maher, who both predicted significant growth for ADA. Currently, Cardano is down 23.48% from its recent peak of $1.32.
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