Cardano (ADA) is one of today’s strange encryption performers and earned 15%strong this week. Altcoin fell to $ 0.05 on February 3, but has since recovered to $ 0.78 and is immediately attempted to receive immediate support of $ 0.73.
Encryption assets are 75%from 75%from the highest level of $ 3.09, but a favorable technology pattern is formed.
Weekly analysis of Cardano. Source: COINTELEGRAPH/TradingView
Cardano repeats the 2021 fractal triggered 3,000%+ rally.
The market fractal is a repetitive pattern that can identify similarities between investors and traders similarly between price behaviors. The fractal observed in the same time in the same market situation can result in similar results.
As described in the chart below, Cardano’s weekly market structure in 2025 refused to set up from 2020, leading to 3,375%in previous bull runs.
Cardano’s weekly chart analysis. Source: COINTELEGRAPH/TradingView
In 2018, the ADA decreased by more than 97% during the Bear Market period after reaching a record high of $ 1.31, and it was repeated in the Bear market in 2022 (price drops 93% from 2021). Since then, the long -term accumulation stage (yellow box) has occurred for two periods, where the price has tested the upper limit and lower range of the region.
If the upper range of the accumulation area was violated, the Altcoin was reversed and re -tested before it witnessed a parabolic rally. As observed, the ADA is currently in this stage of fractal in 2025, and the encryption asset may break up to reinforce the previous all-time high within 140-180 days (154 days to resume 2018 ATH in 2021 ).
The similarity of the market structure in 2021 and 2025 increases the probability of similar results for Cardano. This resulted in a 350%increase in prices before 2025, aiming at the maximum of $ 3.
In January, veteran merchant Peter Brandt pointed out that the ADA formed a double floor base over a year. Brandt has been added.
“Undoubtedly, Cardano $ ADAUSD has bottomed out to the Grand Bull market.”
Related: Bitcoin traders say that if three major events occur, the price of $ 400K BTC is possible.
ADA WHALES purchased 2.35%of its supply in 15 months.
The data of Santimate, an analytical platform, emphasized that Cardano has slowly accumulated more than 1.41 billion tokens with more than 1 million ADA tokens with more than 1 million ADA tokens in the last 15 months.
Cardano Whale accumulated after November 2023. Source: Santiment
The accumulated guns account for 2.35%of the total circulation supply, which means that whales have been convicted for a long time. Similarly, the recent rally has also improved social dialogue and discussions about Cardano.
In the lower time frame (LTF), the price of the ADA shows optimistic penant formation. The departure confirmed in the pattern can produce 25% rally at the current price, and you can test psychological levels for $ 1 over the next few weeks.
Cardano’s 4 -hour chart analysis. Source: COINTELEGRAPH/TradingView
Related: Bitcoin Bull Run Comeback? Whale exchange inflow metrick is close to 5 years height.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.