Cardano (Ada) Coin price is displaying a mobility that causes investors to re -hope. Experts say that the island repeated the price cycle in 2024. In particular, the fact that the consolidation process is similar to one -to -one is the expectation that a giant rise in May. Although prices are calm for the time being, over -chain data and investor interest can be a harbinger of a major price movement in the coming weeks.
Ada Coin price repeats the 2024 cycle: target $ 2.5?
Crypto Analyst “Master Kenobi drew attention to Cardano’s previous cycles in his social media platform X. Especially in the third quarter of 2024, the decrease and the following consolidation process is similar to the current situation. At that time, the island had a harsh decline in August, and then began to recover without seeing a new bottom.
A similar structure is currently seen. The island price did not form any new bottom after $ 0.49 on February 3. This increases the possibility of a strong rally, as in the past. Master Kenobi states that this process may result in a major rise in May and says the price can reach $ 2.5.
Whale mobility is increasing: Is the signal for Ada Coin?
Cardano is currently trading at $ 0.66. Although this figure is far from the summit of $ 3.10, the chain data signals a serious potential. Increasing whale mobility and address accumulation in the island network indicate that a new purchase wave can come in the short term.
Positive expectations are rising within the community. The durable structure of the island has made it a better performance than many large companies in the S&P 500. This power has led investors to talk even longer -term targets like $ 10. However, analysts emphasize that this journey will not be flat and strong corrections may occur in between.
Community confidence on the island at the summit: Investors are preparing for a large rally
The Cardano community did not lose its belief in the project despite the fact that the price was low. Super -chain analysis reveals that investors continue to accumulate island. Especially the increase in long -term wallets reflects strategic investment preferences rather than speculative movements. In addition, positive shares against the island on social media have increased significantly. This supports that investor psychology is preparing for the rise and the price can gain upward momentum again.
