• Cardano’s fractal pattern points to a potential 2,288% gain by 2025, starting with a breakout in November.
• Hoskinson envisions Cardano powering a nation-state by 2030, with millions of users on board.

Cardano [ADA] appears poised for a potential rally as market dynamics suggest a significant move could be on the horizon. ADA traded at $0.348 at press time, representing a 3.30% increase over the last 24 hours, although it has experienced a 4.50% decline over the past week.

Crypto analyst Ali suggests that ADA’s current pattern mirrors that of 2020, indicating a potential surge starting in mid-November, coinciding with the U.S. elections.

Ali noted,

“If history repeats, we might see a pump around November 18 and a potential market top by September 2025.”

ADA’s historical patterns indicate potential upside

Cardano has shown a tendency to rally following prolonged consolidation periods. In 2020, ADA’s accumulation phase lasted 672 days, during which it dropped by -56.20%. 

This was followed by a 4,095.73% surge over 324 days, suggesting the potential for similar performance if current conditions align.

Source: X

More recently, ADA experienced another accumulation phase, lasting 455 days with a -65.93% decline, before rebounding by 75.34% over 426 days.

The current consolidation phase also spans 455 days, prompting analysts to anticipate a potential gain of 2,288.92% over the next 392 days, potentially pushing the price to $6.317. 

The anticipated breakout is expected to begin around November 18, 2024, extendin

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Author: Olivia Stephanie