Search results for "ABCD"
2026-01-09
06:48
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Will Cardano (ADA) price break historical records? Analysts say E wave has started, with a target directly aiming at the $5–10 range

In the crypto market, long-term price expectations for Cardano (ADA) are heating up again. Market analyst Quantum Ascend recently pointed out that Cardano may be at a critical technical inflection point, with the current oscillation around $0.39 potentially just a buildup phase before an upward move. Against the backdrop of multiple bullish signals, he believes that a trend breakout for ADA is "only a matter of time," with a potential upside of 12 to 24 times in the medium to long term. Structurally, Quantum Ascend noted that Cardano has been operating within a clear long-term channel since 2018 and has formed a typical ABCD wave structure. The current price is considered to be in the tail end of wave D, belonging to the final stage of the correction phase. Recently, the price has moved back inside the wedge structure, which he views as an early signal of the market regaining strength.
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