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TLDR:
- Cardano chart mirrors the 2018–2020 pattern that led to its $3.09 rally.
- Key support holds near $0.40–$0.45, forming a potential bullish base.
- $1.00–$1.20 acts as resistance and neckline for inverse head and shoulders.
- Javon Marks forecasts a 383% upside if the fractal structure confirms.
Cardano (ADA) may be approaching the breakout phase of a new bullish cycle, according to recent technical analysis shared by crypto analyst Javon Marks.
The price chart of ADA is showing signs of repeating a familiar pattern from its earlier market cycle, suggesting that a strong upward move could be on the horizon. Marks believes the current consolidation resembles the 2018–2020 structure that preceded ADA’s explosive rise past $3.
As the price holds above key support and approaches resistance, anticipation for a breakout is building. This projected move could potentially push ADA over 383% higher from its current levels.
Cardano Fractal Structure Hints at Breakout Setup
Marks’ chart highlights a macro-fractal pattern comparing two major consolidation phases.
The first occurred between 2018 and 2020, during which ADA corrected in three waves and formed a rounded bottom before launching past $3.09 in 2021. The current cycle from 2022 to 2025 appears to follow the same structure, with ADA completing another three-wave correction and forming a similar base.
Connecting dots with $ADA (Cardano)'s previous bull cycle performance, the bottom can be in and prices could be in its final pullback stages before delivering a full run to and above its All Time Highs at the $3+ levels!
This can result in a more than 383% upside from here… pic.twitter.com/KIE0fcqjXe
— JAVON⚡️MARKS (@JavonTM1) July 7, 2025
The resemblance between both periods suggests ADA could be transitioning from accumulation to expansion. Marks pointed out that if this structure plays out, ADA may already be in the final pullback stages before a major rally begins.
The current support range of around $0.40 to $0.45 remains crucial. This level aligns with prior consolidation lows and has held multiple times during ADA’s correction. If it continues to hold, it could act as a base for an upward move.
On the upside, the $1.00 to $1.20 zone is marked as a major resistance. This range represents the neckline of a potential inverse head and shoulders pattern, often seen before major price reversals.
A clean breakout above this level may confirm the start of a bullish reversal.
ADA’s Price and Trading Volume Trends
At press time, ADA is trading at $0.5774 based on CoinGecko data. The token posted a 1.59% decline in the past 24 hours but remains up 2.16% over the past week. Trading volume has also stayed steady, coming in at over $532 million.
ADA price on CoinGeckoMarks projects that once ADA clears critical resistance, price acceleration could follow. The previous cycle saw a similar delay between breakout confirmation and rapid growth.
The chart’s projected path suggests ADA could follow a similar trajectory to its 2020–2021 performance. In that phase, Cardano surged more than 6,000% from its lows. While Marks’ current projection calls for a more modest gain, the structure still points to a multi-month rally that may carry through late 2025 or early 2026.
With the current price nearly 80% below its all-time high, the setup outlined by Marks gives traders a reason to watch ADA’s next moves. If historical behavior repeats, the crypto could be preparing for a major shift in trend.
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