Cardano Price To $6? Historical Data Says ADA Is Ready To Take Off

Source Newsbtc

With the bearish pressure in the cryptocurrency market dissipating, large-cap altcoins are showing good signs of recovery. Cardano, specifically, has quickly established itself as one of the best-performing assets in the crypto market in 2025.

After the downside pressure over the past few weeks, the Cardano price finally reclaimed and held above the $1 mark in the past week. The question now is — what’s the next move for the ADA token?

Is A 400% Rally On The Cards For ADA Price?

In a recent post on social media platform X, popular crypto analyst Ali Martinez shared the next step for the Cardano price after the latest downturn. The crypto pundit revealed the price fractals that could see the ADA token move to as high as $6.

In technical analysis, fractals refer to recurring patterns on a price chart. Typically, the patterns provide insight into historical price movements and can be used to predict the future trajectory of a cryptocurrency.

Martinez revealed that the price of Cardano is currently at a point similar to where it was four years ago. After breaking out of the consolidation range in late 2020, the altcoin surged to around $0.4 before February 2021.

Cardano

However, the ADA price hit a roadblock around $0.4, falling by more than 40% before continuing its upward trend. The price of Cardano eventually soared to above $3 — the current all-time high — in this cycle.

Martinez explained that the ADA token, having just experienced an almost identical 40%, might be on the verge of a bullish breakout. The analyst said that the next move up for the altcoin could be “just two to three weeks away.”

Using the historical price data, Martinez predicted that the price of Cardano could push to as high as $6, setting a new record high. This would represent an impressive 400% surge from the current price point.

Cardano Price At A Glance

As of this writing, the Cardano token is valued at $1.15, reflecting an almost 5% increase in the past 24 hours. According to data from CoinGecko, the ADA price is up by more than 20% in the last seven days.

Related Reading: ‘Solana Season Is About To Return’ As Price Turns Key Resistance Into Support – Analyst

Cardano Featured image from Solodev, chart from TradingView
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Swiss exports crash 36% in the first month of Trump tariffsSwiss exports dropped by 36% in the first month after Trump imposed tariffs.
Author  Cryptopolitan
10 hours ago
Swiss exports dropped by 36% in the first month after Trump imposed tariffs.
placeholder
EUR/JPY appreciates above 163.00 with the Yen retreating across the boardThe Euro is trading higher for the second consecutive day, still fuelled by the delay of Trump’s deadline to avoid 50% tariffs in the US, while the Yen declines alongside super long-term Japanese yields.
Author  FXStreet
11 hours ago
The Euro is trading higher for the second consecutive day, still fuelled by the delay of Trump’s deadline to avoid 50% tariffs in the US, while the Yen declines alongside super long-term Japanese yields.
placeholder
Gold extends correction amidst trade optimism, stronger US DollarGold (XAU/USD) price extends correction, sliding below the $3,300 mark at the time of writing on Tuesday amid improving risk-on mood and a stronger US Dollar (USD). 
Author  FXStreet
11 hours ago
Gold (XAU/USD) price extends correction, sliding below the $3,300 mark at the time of writing on Tuesday amid improving risk-on mood and a stronger US Dollar (USD). 
placeholder
Bitcoin (BTC) To Continue Price Discovery Rally If It Holds These Levels – AnalystAs Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto.
Author  NewsBTC
11 hours ago
As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto.
placeholder
Forex Today: US Dollar rebounds after long weekend, focus shifts to mid-tier US dataThe US Dollar (USD) benefits from the improving risk mood early Tuesday, while trading conditions normalize following a three-day weekend in the US.
Author  FXStreet
12 hours ago
The US Dollar (USD) benefits from the improving risk mood early Tuesday, while trading conditions normalize following a three-day weekend in the US.
goTop
quote