Cardano: Analyst thinks ADA could surge 10X in 2025 – Why?

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🚨 ADA Price Prediction: Is a 10X Rally Imminent? 🚨

<a href="https://inrusdinr.in/ada-usd/">Cardano</a>: Analyst thinks ADA could surge 10X in 2025 – Why?

  • An analyst projected that ADA could surge to $7.1, a 10X rally from current levels. But let’s be real, have you seen the state of my apartment? I’d believe anything right now.
  • Search interest on Google declined in March as top whales offloaded slightly. Guess they were too busy binge-watching Netflix to care about ADA.

According to an analyst’s projection shared by a Cardano [ADA] ecosystem insider, ADA appeared primed for a potential 10X rally. Because, you know, that’s exactly what we all need – a 10X rally. Said no one ever.

The analyst cited historical patterns, especially the bullish inverse head and shoulders formation, that led to a massive rally to ADA’s top in the past cycle. If validated, that would translate to an ADA price target of $2.9 or $7.1. But let’s not get ahead of ourselves, folks. We’re still talking about a cryptocurrency here.

AMBCrypto reproduced a log scale of his ADA dominance chart to get a much clearer picture of his outlook. And by “clearer picture,” I mean a chart that looks like a kindergartener’s art project.

Indeed, the formation suggested a potential 153% rally for ADA dominance. But were there other indicators leaning toward such a bullish outlook? Like, um, the fact that I’m still waiting for my paycheck?

ADA search interest vs. whales

Another analyst noted that ‘Cardano price prediction’ searches on Google jumped over 170% in the past seven trading days. According to him, this reinforced the growing interest in the altcoin. Yeah, because nothing says “growing interest” like a bunch of people frantically searching for ways to make a quick buck.

AMBCrypto found that the weekly search interest spiked; however, ADA price was more correlated when adjusted on a 90-day timeframe for Google searches. In other words, people were interested in ADA for a hot second, but then they remembered they had better things to do with their time.

As shown in the attached chart, spikes in ‘Cardano price prediction’ searches matched recoveries in January and March (yellow lines). However, the search for the term trended downwards later in March, similar to ADA’s price action. In other words, people lost interest in ADA, and the price went down. Who would have thought?

Simply put, there wasn’t as much interest in the altcoin to boost ADA prices as the analyst claimed, at least as of this writing. But hey, at least we have our whale friends to keep us entertained!

From the large players’ perspective, the most dominant whale wallets were those holding 10 million to 100 million ADA tokens (yellow). They collectively had 12.46 billion ADA holdings, worth $8.8 billion, and the altcoin’s price was very sensitive to their movements. Because, you know, whales are always right.

ADA’s price decline in March coincided with a large player’s sell-off, reducing holdings from 12.74 billion to 12.46 billion tokens. Guess they were just trying to make some space in their mansions.

This whale cohort might offer valuable insights into ADA’s next price movement and is worth monitoring closely. Or, you know, we could just wait for the next big crash and laugh all the way to the bank.

That said, ADA was stuck in a tight consolidation between $0.70 and $0.77 in the second half of March. A breakout on either side was dependent on Bitcoin’s [BTC] next price direction. Because, of course, it is.

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2025-03-28 13:16