Cardano Targets 1,300% Rally if $0.13 Support Zone Holds

⬤ Cardano’s camping out inside a major demand area on the higher timeframes after getting crushed during an extended correction. ADA’s holding position within a bullish order block following a brutal 92.89% drop from its macro peak—putting price right at that make-or-break zone between accumulation and total invalidation.

⬤ The chart’s showing multi-year support hanging tough above $0.24, with the main demand region sitting between $0.18 and $0.13 where smart money’s been soaking up liquidity. The bullish structure stays alive as long as ADA keeps weekly closes above that $0.13 floor. Last cycle, Cardano ripped to around $3.10—a monster 1,300% move. Over the past six months alone, price also got whacked for another 78% correction from the local $1 top.

⬤ Flipping $0.4374 back would confirm the trend’s reversing. If ADA reclaims that level, expansion targets are looking at $1.20, $3, $5, and potentially north of $10 if we get a full-blown market cycle. There’s a hard stop invalidation near $0.0755 on higher timeframe closes, while any weekly close below $0.13 would wreck the entire bullish setup.

⬤ How price reacts around that $0.13–$0.24 support zone is going to decide whether ADA breaks out of accumulation into a proper expansion phase—with the technical setup pointing to a possible multi-thousand percent rally if support holds.

ADA-0,68%
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
  • Phần thưởng
  • Bình luận
  • Đăng lại
  • Retweed
Bình luận
0/400
Không có bình luận
  • Ghim