{"id":40659,"date":"2026-04-18T16:00:29","date_gmt":"2026-04-18T16:00:29","guid":{"rendered":"https:\/\/cryptd.in\/ada-deja-vu-cardano-price-surged-200-last-time-it-was-at-this-support-level\/"},"modified":"2026-04-18T16:00:29","modified_gmt":"2026-04-18T16:00:29","slug":"ada-deja-vu-cardano-price-surged-200-last-time-it-was-at-this-support-level","status":"publish","type":"post","link":"https:\/\/cryptd.in\/et\/ada-deja-vu-cardano-price-surged-200-last-time-it-was-at-this-support-level\/","title":{"rendered":"ADA Deja Vu? Cardano Price Surged 200% Last Time It Was At This Support Level"},"content":{"rendered":"<p>The Cardano price has been a poor indicator of the positive momentum injected into the cryptocurrency market over the past week. Despite <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-rallies-toward-1-50-expert-cites-3-dates-that-could-decide-the-next-direction\/\" target=\"_blank\" rel=\"noopener \">most large-cap altcoins surging<\/a> on the back of easing macroeconomic pressure, the ADA token has barely been able to stage a sustained rally above the $0.26 level.<\/p>\n<p>However, a popular analyst on the social media platform X has identified a pattern that suggests that the Cardano price could be at a bottom, potentially seeing a rebound to a new high over the coming months. This optimistic outlook projects the altcoin\u2019s value growing up to 200% in a single move from its current point.<\/p>\n<h2><strong>Why The $0.24 Support Could Trigger A 200% Move For ADA<\/strong><\/h2>\n<p>In an April 17th post on the X platform, market pundit Ali Martinez <a href=\"https:\/\/x.com\/alicharts\/status\/2045117068509642907?s=20\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> an exciting outlook for the price of Cardano, saying it recently found support at a familiar level. According to the crypto analyst, this exact support level has served as a springboard for significant rallies for the ADA price in recent years.<\/p>\n<p>Martinez identified the $0.249 level as a formidable support, leading to the formation of multiple bottoms and rebounds for the Cardano price in the past. As shown in the chart below, the price of ADA fell to this exact support earlier in March before returning to the price level again in April.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/HGGQ7ibaMAAwYLU?format=jpg&amp;name=4096x4096\" alt=\"Cardano price\" width=\"2160\" height=\"2700\" loading=\"lazy\" \/><\/p>\n<p>Besides the apparent strength of this level, the $0.249 support has been the starting point of significant price rallies, with the most recent being 200% price surge. The Cardano price, after dropping to this demand zone around September 2023, soared by more than 200% to around $0.8 in the first quarter of 2024.<\/p>\n<p>Similarly, the Cardano price witnessed a rally of over 85% in early 2023 after falling to this support at $0.249. If history is anything to go by, the price action indicators are pointing to a potential rally between 80% \u2013 200% for the ADA token over the coming month. `<\/p>\n<p>In any case, investors need to watch out for the $0.249 support\u2019s continued formidability, as a sustained breach below it could be potentially detrimental to the altcoin\u2019s upward trajectory.<\/p>\n<h2><strong>Cardano Price Overview<\/strong><\/h2>\n<p>As of this writing, the price of ADA stands at around $0.2615, with a more than 2% jump in the past 24 hours. This positive single-day action in Cardano\u2019s price reflects easing pressure on global financial markets, as <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/breaking-bitcoin-breaks-76k-as-iran-reopens-strait-of-hormuz\/\" target=\"_blank\" rel=\"noopener \">Iran reportedly reopened<\/a> the Strait of Hormuz on Friday, April 17.<\/p>\n<p>However, broadly speaking, the Cardano price performance has been muted relative to the rest of the cryptocurrency market over the past week. While Ethereum and XRP climbed nearly 10% on the weekly timeframe, the ADA token is barely up by 3% in the last seven days.<\/p>\n<p>Even while the general crypto market appears to have steadied in recent weeks, the Cardano price still seems to be struggling, with CoinGecko data showing that the altcoin is still down by more than 4% in the past month.<\/p>\n<p><img decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/WSCqgsRr\/\" alt=\"Cardano Price\" width=\"2308\" height=\"1568\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>The Cardano price has been a poor indicator of the positive momentum injected into the cryptocurrency market over the past week. Despite most large-cap altcoins surging on the back of easing macroeconomic pressure, the ADA token has barely been able to stage a sustained rally above the $0.26 level. However, a popular analyst on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ADA Deja Vu? Cardano Price Surged 200% Last Time It Was At This Support Level - 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\/et\/ada-deja-vu-cardano-price-surged-200-last-time-it-was-at-this-support-level\/\" \/>\n<meta property=\"og:locale\" content=\"et_EE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADA Deja Vu? Cardano Price Surged 200% Last Time It Was At This Support Level - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The Cardano price has been a poor indicator of the positive momentum injected into the cryptocurrency market over the past week. Despite most large-cap altcoins surging on the back of easing macroeconomic pressure, the ADA token has barely been able to stage a sustained rally above the $0.26 level. 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Cardano Price Surged 200% Last Time It Was At This Support Level - cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/et\/ada-deja-vu-cardano-price-surged-200-last-time-it-was-at-this-support-level\/","og_locale":"et_EE","og_type":"article","og_title":"ADA Deja Vu? Cardano Price Surged 200% Last Time It Was At This Support Level - cryptd.in","og_description":"The Cardano price has been a poor indicator of the positive momentum injected into the cryptocurrency market over the past week. Despite most large-cap altcoins surging on the back of easing macroeconomic pressure, the ADA token has barely been able to stage a sustained rally above the $0.26 level. 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