Analysts believe that Cardano's ADA may be preparing for a major price surge following a 43% correction. Similar to past trends, steep corrections have often led to massive gains. Cardano's current setup is reminiscent of 2021, where prices skyrocketed by over 4,000% after a 44% correction that year. Support zones appear strong, indicating the potential for consolidation before another surge. Whales are showing strong interest in Cardano, with increased transactions and daily active addresses. While reaching $6 may seem ambitious, historical patterns, whale activity, and strong technical indicators all support this outlook. However, sustained market confidence and broader crypto sector momentum are crucial for success. The next few weeks will determine if the $6 target is achievable.
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