NewsBTC 2026-03-20 03:00:40

Cardano Could Rocket 1,000% From Extended Accumulation Area, Analyst Says

Cardano may be sitting on one of the most significant buying opportunities in its history — with analysts projecting a potential 1,000% rally if a multi-year support zone continues to hold. Related Reading: Ripple’s $500M Raise And Institutional Ties Keep XRP Firmly In Place At roughly $0.27 at the time of writing, ADA has stayed above a demand floor that twice before marked a cycle bottom and launched sharp recoveries, fueling fresh optimism that a similar move could be building. Market analyst Crypto Patel, citing a two-week chart, says the coin is compressing between a price floor of $0.18 to $0.25 and a descending resistance line in place since the 2021 all-time high. That kind of squeeze often precedes a sharper move in either direction — and bulls are betting on up. The support band has attracted buyers more than once. Reports indicate the zone held during a steep decline in June 2023, when ADA hit $0.22, and buying pressure there helped push the coin to $1.32 by December 2024. Before that, a similar setup played out in 2021, when ADA consolidated just above that level before climbing to a peak of $3.10. $ADA Is Sitting on a Multi-Year Accumulation Zone That Could Send It 1,000%+ Higher…. Accumulation Zone: $0.25-$0.18 Targets: $1 ⮕ $3 ⮕ $10 NFA & ALWAYS DYOR@Cardano pic.twitter.com/pWG91sgtG6 — Crypto Patel (@CryptoPatel) March 18, 2026 The Numbers Behind The Targets If history repeats, the path higher looks like this: a break above the descending resistance line puts $1 in view first — roughly 270% above current prices. From there, $3 becomes the next target, a gain of around 1,011% that aligns closely with the 2021 cycle peak. Under the most optimistic scenario, Crypto Patel puts $5 on the table — a rise of about 1,750%. Those numbers are staggered and conditional. Each target only comes into play after the previous one is cleared. None of them are triggered by the support zone alone — the descending resistance line, which has capped every recovery attempt since 2021, must also give way. ADA dropped to $0.2205 in February before buyers stepped back in. Since then, the coin has held mostly flat but has not broken below the support floor. According to the analyst, that matters. A sustained hold keeps the broader structure intact. A drop below $0.18 dismantles it. Related Reading: XRP Moves Into ‘Scarce Zone’ As Exchange Supply Dries Up A Long Wait For A Breakout The current price action has been sideways for months. ADA is neither breaking out nor collapsing — just grinding within a narrow range while the two converging lines press closer together. Reports note that extended consolidation of this kind often precedes a larger directional move, though the chart alone cannot determine which way that move goes. The analyst’s projections are rooted in technical chart reading and historical cycle comparisons. No fundamental catalysts — new technology, partnerships, or adoption milestones — were cited as drivers in the analysis. Featured image from Unsplash, chart from TradingView

Наиболее читаемые новости

CertiK Web3 Security Firm Joins Critical Glob...
2026-03-20
Bitcoin RSI eyes 2022 repeat as analysis sugg...
2026-03-20
Coinbase Expands Into Stock Perpetual Futures...
2026-03-20
Bitcoin whale holding $147M wakes after 13 ye...
2026-03-20
Federal Reserve Rate Hikes: BofA’s Critical W...
2026-03-20
Iran Wants to Turn the Strait of Hormuz Into...
2026-03-20
Morgan Stanley Is Making a Move No Major U.S....
2026-03-20
Coinbase launches stock perpetual futures for...
2026-03-20

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения