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Home CRYPTO

Cardano’s 2020 Repeat: Is Another 2,600% Surge Possible?

by Drop Gorn
February 13, 2025
in CRYPTO, OPINION
Reading Time: 3 mins read
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  • Cardano (ADA) is showing a pattern similar to its 2020-2021 rally, which previously led to a 2,600% surge. If history repeats itself, analysts predict a potential 1,960% increase, bringing ADA to $15.70.
  • ADA is currently trading at $0.79, with a 1.50% gain in the past 24 hours, but trading volume has dropped by 30%, signaling hesitation among investors as the coin struggles to break key resistance.
  • If ADA can successfully breach the $0.85 resistance level, it could trigger a 35% rally to $1.14, especially as the coin maintains its position above the 200-day EMA, a key bullish indicator.

Since the start of 2025, the crypto market has been on shaky ground, with prices sliding across the board. Yet, despite the turbulence, Cardano (ADA) is shaping up for something big. A striking pattern—eerily similar to its 2020-2021 trajectory—is emerging, hinting at the potential for another parabolic breakout.

Cardano (ADA) Gearing Up for a Massive Surge?

History tends to rhyme, and if that holds true, ADA might be mirroring its 2020 setup—just at a slower pace. A well-known crypto analyst recently took to X (formerly Twitter) to point out this uncanny resemblance.

Looking at the charts, back in 2020-2021, Cardano exploded from $0.12 to $3—an eye-watering 2,600% surge. If this setup plays out again, ADA could be on track for an equally mind-blowing rally, potentially soaring 1,960% to hit the $15.70 mark.

Sounds ambitious? Maybe. But consider the landscape: political backing, growing crypto adoption, massive strategic reserves, and the increasing presence of ETFs. These factors are all aligning, making such a move within the realm of possibility.

ADA’s Current Market Struggles

For now, ADA trades near $0.79, clocking in a 1.50% gain over the past 24 hours. However, trading volume has dropped by 30%, suggesting traders are hesitant—perhaps waiting for a clear breakout.

While the broader crypto market has seen strong bullish momentum, ADA’s upside has been relatively muted, likely due to resistance it has repeatedly failed to break over the past three weeks.

Price Action & Prediction: Will ADA Break Free?

A major inflection point is right around the corner. ADA is struggling to push past the critical $0.85 resistance.

🔹 If ADA closes a daily candle above $0.85, expect fireworks—a potential 35% surge to $1.14 could be on the table.

🔹 The broader market recovery is also playing in ADA’s favor, with the coin hovering above the 200-day EMA, a strong signal of bullish intent.

While nothing is certain, all eyes are on ADA—if it cracks this resistance, the next leg up could be massive.

Tags: $ADACardanocryptoETFtwitter
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