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Cardano (ADA) Primed for Unprecedented Bull Run, Crypto Expert Reveals Why

13d ago
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  • An analyst has explained how, if the historical pattern followed by the ADA price is to be believed, Cardano seems ready to go on a parabolic bull run.
  • Cardano was stuck inside a similar parallel channel in 2023, and has recently broken out of this channel with a rally of around 72%.
  • Despite a recent drawdown of 50%, the analyst suggests this could set the stage for a new bull run.

Cardano’s ADA cryptocurrency appears poised for a parabolic bull run, according to historical trends and recent market movements. Could this be a prime buy-the-dip opportunity?

Cardano May Be Set For A Bull Run Based On Historical Trends

In a new post on X, analyst Ali Martinez has discussed what hints history may contain regarding where ADA’s price would go next from here. The chart shared by the analyst shows the trend the cryptocurrency followed back in 2019, with the asse... Read the full article for FREE at COINOTAG!

13d ago
bullish:

1

bearish:

0

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