{"id":42874,"date":"2026-05-10T05:20:56","date_gmt":"2026-05-10T05:20:56","guid":{"rendered":"https:\/\/cryptd.in\/ada-bullish-prediction-can-cardano-repeat-its-historic-240-rally\/"},"modified":"2026-05-10T05:20:56","modified_gmt":"2026-05-10T05:20:56","slug":"ada-bullish-prediction-can-cardano-repeat-its-historic-240-rally","status":"publish","type":"post","link":"https:\/\/cryptd.in\/bg\/ada-bullish-prediction-can-cardano-repeat-its-historic-240-rally\/","title":{"rendered":"ADA Bullish Prediction: Can Cardano Repeat Its Historic 240% Rally?"},"content":{"rendered":"<p>Aside from a few impressive but relatively brief upticks during the late 2024\/early 2025 rally, Cardano\u2019s native token has mostly underperformed in the last cycle.<\/p>\n<p>While many other large-cap altcoins, alongside the market leader, managed to break their previous all-time highs last year, ADA remained far from such a feat. Its subsequent decline was also quite painful, as it now trades over 90% below its record price seen in 2021. It\u2019s also out of the top 10 alts by market cap, slipping to the 15th spot on CoinGecko.<\/p>\n<p>However, popular analyst Ali Martinez noted that it has maintained a key level that has historically led to impressive price rallies, including one of triple digits.<\/p>\n<h2>ADA to Bouce by 240%?<\/h2>\n<p>The support level in question is at $0.25, according to the analyst. In early 2023, ADA managed to rebound swiftly from it after the major correction at the time, and jumped by 85% in a relatively short period of time. Although that\u2019s an impressive feat, the September 2023 rally of 243% was even more profound after a successful bounce from that line.<\/p>\n<p>Martinez noted that the asset stands firm above that level now, currently trading $0.27 after it was rejected at $0.30 earlier this week. His short-term target is set at $0.36, while the secondary, more macro target, is all the way up to $0.53.\u00a0It\u2019s worth noting that ADA hasn\u2019t seen such high levels in over half a year.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">$0.25 is a critical support level for Cardano!<\/p>\n<p>In my analysis of the monthly chart, this floor has acted as a launchpad for significant rebounds on two major occasions:<\/p>\n<p>\u2022 January 2023: <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a> bounced off $0.25, resulting in a 88.27% rally over the following weeks.<br \/>\n\u2022 September\u2026 <a href=\"https:\/\/t.co\/COknFMkG3H\">pic.twitter.com\/COknFMkG3H<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/2052992210400940206?ref_src=twsrc%5Etfw\">May 9, 2026<\/a><\/p>\n<\/blockquote>\n<h2>No Downside Pressure?<\/h2>\n<p>Fellow analyst CW weighed in on how investors are positioning on ADA\u2019s futures market. They noted that there has been a notable uptick in long position net buying, which led to a minor price increase for the asset.<\/p>\n<p>Moreover, CW believes ADA\u2019s momentum continues, and there\u2019s no evident downside pressure yet.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a> rose following net buying of long positions.<\/p>\n<p>And the upward momentum is being maintained. There is no downside pressure yet. <a href=\"https:\/\/t.co\/5iURKjSxNH\">https:\/\/t.co\/5iURKjSxNH<\/a> <a href=\"https:\/\/t.co\/rpk8QEH4AZ\">pic.twitter.com\/rpk8QEH4AZ<\/a><\/p>\n<p>\u2014 CW (@CW8900) <a href=\"https:\/\/twitter.com\/CW8900\/status\/2052997338814406684?ref_src=twsrc%5Etfw\">May 9, 2026<\/a><\/p>\n<\/blockquote>\n<p>\u041f\u0443\u0431\u043b\u0438\u043a\u0430\u0446\u0438\u044f\u0442\u0430 <a href=\"https:\/\/cryptopotato.com\/ada-bullish-prediction-can-cardano-repeat-its-historic-240-rally\/\">ADA Bullish Prediction: Can Cardano Repeat Its Historic 240% Rally?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Aside from a few impressive but relatively brief upticks during the late 2024\/early 2025 rally, Cardano\u2019s native token has mostly underperformed in the last cycle. While many other large-cap altcoins, alongside the market leader, managed to break their previous all-time highs last year, ADA remained far from such a feat. Its subsequent decline was also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADA Bullish Prediction: Can Cardano Repeat Its Historic 240% Rally? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/bg\/ada-bullish-prediction-can-cardano-repeat-its-historic-240-rally\/\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADA Bullish Prediction: Can Cardano Repeat Its Historic 240% Rally? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Aside from a few impressive but relatively brief upticks during the late 2024\/early 2025 rally, Cardano\u2019s native token has mostly underperformed in the last cycle. 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