Cardano Looks Ready For Its 2025 Bull-Market Bullish Wave
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Do you remember this chart? It is from August 2024.
The first wave or initial bullish breakout is now complete. ADAUSDT (Cardano) is officially in 2025 bull-market territory. Prepare for a new wave; prepare for massive growth.
The initial bullish breakout peaked very early in December last year. A strong bullish wave will always, invariably, lead to a correction. This correction is clearly present on this chart.
The present correction doesn't mean much for the market. This is just a period of rest while the players; traders and market participants, consolidate all previous gains. The market needs to adapt to the previous massive phase of growth.
Ok. We are already fully adapted. We feel fine. Cryptocurrency market, let's continue now! We are ready for more.
In a bullish market a correction will always end in a higher low. The higher the low of the higher low, the stronger the chart/pair is considered. For example, ADAUSDT launched the previous bullish wave from a baseline of $0.3000. The correction higher-low ended more or less around $0.6000. That's 100% higher compared to baseline price. This means that Cardano is super strong.
The first peak ended around $1.35 which is awesome. From a low of $0.2756 in August 2024 this adds up to some 375% total growth. This time around, there will be more.
You can find several targets on this chart. Below the previous ATH we have $2.00. This is good but not a big deal. Beyond the previous ATH we have $4.84. This is awesome/great. We also have $8.11 and even $10.5 as new 2025 peak potential. We have to wait and see how it all goes.
I am sharing this now because I think that right now we are witnessing the establishment of a short-term higher low. The first low in early February, and now the second low. This second —higher— low will launch the next bull-market bullish wave. This means that we are ready for growth, give or take a few days. But my money is on the now! We are going up now!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.