Cardano News: Analysts Say Rally Could Just Be Starting
Cardano (ADA) is showing signs of repeating its historical price cycle, fueling optimism among traders who believe the current rally is only just beginning.
Crypto analyst Ali shared a chart comparison suggesting that ADA’s market structure closely mirrors its last major cycle. If the pattern continues, Cardano may be positioned for a prolonged upward move, with its bull run still in its early stages.
At the time of writing, ADA is trading around $0.86 after a slight pullback of 3.3% on the day. Despite this dip, the broader trend remains intact, with ADA maintaining its position inside a rising parallel channel that has been in play since mid-2025.
Technical indicators show relative strength holding near neutral levels, hinting at room for renewed momentum.
The weekly chart comparison highlights how Cardano previously consolidated before breaking into a parabolic advance. Analysts believe the current setup could lead to similar explosive price action if market conditions align, potentially targeting levels well above $1.30 in the coming weeks.
The daily chart further reinforces this outlook, with ADA bouncing between the channel’s support and resistance levels. A sustained move above $1 would be a key signal for further gains, while maintaining support around $0.80 remains critical for the bullish case.
As traders eye this potential breakout, Cardano is once again emerging as one of the most closely watched altcoins in the market, with speculation mounting that its next move could mirror the powerful rallies of past cycles.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
