Yet, for this bullish thesis to hold, Martinez emphasizes the importance of $0.80 support. The analyst notes that approximately 48,000 ADA addresses purchased nearly 1.20 billion coins at this price point, which may provide a solid foundation for future growth. Previously, Martinez predicted that if history repeats itself, the Cardano price could see a market top by September 2025, suggesting 10 months of what could be one of the biggest gains not only for ADA but for the broader crypto market.ADA Price Targets $1.25 Resistance Level Further supporting Martinez’s bullish predictions, other analysts have weighed in on Cardano’s (ADA) recent performance.
Rekt Capital has noted a “phenomenal run” for ADA, indicating that the cryptocurrency has confirmed a new macro uptrend. Rekt highlighted that the last time ADA broke through the $0.72 level, the price subsequently rallied to its $3 record peak, suggesting a similar potential for future growth.
Related Reading: XRP Price Outlook Brightens: Expert Predicts $2 Target Post-Gensler Era Martinez further elaborated on ADA’s price action, suggesting that the ongoing buying pressure mirrors patterns observed in previous bullish cycles.
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