π Cardano ( $ADA ) is showing signs of repeating a bullish pattern from 2024, sparking hopes of a major rally. Despite its current price of $0.6646, analysts believe ADA could surge in May.
π Analyst Master Kenobi noted ADAβs current consolidation mirrors Q3 2024, when a dip in August was followed by a strong rally. A similar setup now, following the February drop to $0.49, could lead to a breakout.
π₯ If the pattern holds, Kenobi predicts ADA could hit $2.5 in May. In the short term, a run to $1 looks likely, supported by rising whale activity and solid fundamentals.
π ADA continues to attract attention with bullish momentum building. The Cardano community is optimistic, with some speculating on a future $10 price targetβthough analysts warn of possible corrections along the way.
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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