Compass Investments

– Cardano’s Road to $4? Analyst predicts big growth

Crypto analyst Ali Martinez shared his optimistic outlook for Cardano (ADA), suggesting that the smart contract platform could grow significantly in the near future

Martinez said the previous cycle but believes Cardano could be on the cusp of a big upswing, drawing parallels to the previous cycle

#Cardano $ADA is shaping up similarly to the previous cycle, suggesting a big move is imminent. A push to $4 could happen within a couple weeks! According to Mr. Martinez’s forecasts, if ADA repeats the trajectory of the previous cycle, it can grow by 266% and reach $4 in just a few weeks. At the time of analysis, ADA was trading at USD 1.09, up 13.5% in the last 24 hours.

Turning to bitcoin (BTC), the analyst emphasizes the important position of this asset. Martinez explains that BTC’s ability to hold above the 50-day moving average will be a key factor confirming a bullish reversal and signaling the end of the current correction phase.