📉 ADA’s Bearish Trend & Death Cross
Cardano ( $ADA ) has plunged 45% from its highs, entering a bear market. A death cross has worsened sentiment, but some analysts remain bullish.
📊 Crypto Analyst Predicts 264% Surge
Analyst Javon Marks believes ADA could soar to $7.8, a 975% gain long-term. He highlights higher highs and higher lows since 2023, suggesting ADA could repeat past cycles.
🔮 ADA Mid-Term Forecast
ADA’s short-term price depends on market trends, a possible spot ADA ETF, and the BitcoinOS integration. The Elliot Wave pattern suggests a potential $2 target (61.8% Fibonacci level), with a long-term goal of $3.1.
⚠️ Key Support & Resistance
Above $0.80 → ADA could rally toward $2.
Below $0.512 → Bullish scenario invalidated.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)