Textbook U-Pattern Could Trigger 6x ADA Surge ⋆ ZyCrypto

ADA Shows Strong Whale Activity Amid Cardano Becoming the Face of Argentina's First Legitimate Smart Contract

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With ADA approaching the $0.90 psychological barrier, a confirmed breakout may trigger a significant upside leg, with its market capitalization eyeing a more than 6x increase.

Market expert Adex Crypt stated, “ADA’s consolidation has been textbook so far. A clean U-shaped breakout could drive it toward a $200B market cap. The moving averages are tightening, signaling an imminent move, and momentum is clearly building.”

Source: Adex Crypt

A surge to a $200B market cap would lift Cardano by 6.25 times from its current $31.96B valuation.

Technical indicators, such as bullish triangle and flag patterns, also point to bullish potential for Cardano. Its key moving averages are converging, a classic sign of market compression, indicating that momentum is building for a possible upward breakout if buying pressure continues.

If Cardano’s U-shaped pattern holds, ADA could hit a $200B market cap, drawing retail and institutional interest. 

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With strong technical and fundamental signals, sustained volume and price action will be key, positioning ADA as one of the market’s most closely watched cryptocurrencies with significant upside potential.

$0.90 Remains Key for Cardano

According to crypto pundit Amina Chattha, Cardano’s 4 hour chart shows a steady recovery, as robust buying keeps price anchored above the $0.85 support.

Source: Amina Chattha

She added, “A push back toward $0.90 could confirm bullish momentum, while holding this range signals growing market strength.”

At the time of this writing, Cardano was trading at $0.88, according to CoinGecko data.



Source: https://zycrypto.com/cardanos-200-billion-market-cap-vision-textbook-u-pattern-could-trigger-6x-ada-surge/