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<p>According to crypto analyst Ali, <a href="https://captainaltcoin.com/how-much-will-30000-cardano-ada-tokens-be-worth-in-2025-when-bitcoin-hits-100k/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA) </a>may be exhibiting a price behavior similar to its 2020–2021 cycle. His tweet points to a possible ADA breakout by mid-November, just a few weeks following the US elections.&nbsp;</p>
<p>Moreover, he anticipates ADA’s market top by September 2025. Ali’s analysis offers a historical perspective, examining ADA’s price behavior to project a possible future rally.</p>
<p>For almost two years, <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="ADA" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">ADA</a> remained in an accumulation period, trading about $0.02 and $0.06 in 2019. This prolonged gradual consolidation ended in November 2020 when the ADA’s price spiked.&nbsp;</p>
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   <p lang="en" dir="ltr">I believe <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Cardano</a> <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> is following a similar pattern to 2020. If history repeats, we might see a pump around November 18—about two weeks after the US elections—and a potential market top by September 2025. <a href="https://t.co/GgKWBqzYXU" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GgKWBqzYXU</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1851134619422240926?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 29, 2024</a>
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<p>The breakout led to a massive 4,095% rally, with ADA reaching an all-time high in 2021. Ali’s tweet notes how ADA’s historical buildup reflects similar conditions today, potentially setting the stage for another rally.</p>
<p>Besides, this period also saw a temporary decline in 2020 due to the COVID market crash. Despite a brief drop of 56.2%, ADA quickly recovered, revealing strong support levels and demand.&nbsp;</p>
<p>Ali suggests that current market indicators could align with this past accumulation and breakout trend.</p>
<h2 class="wp-block-heading" id="strong-ada-s-current-accumulation-zone-strong"><strong>ADA’s Current Accumulation Zone</strong></h2>
<p>Similar to its prior accumulation period, ADA has been trading in a narrow band of $0.20 to $0.45 since early 2022. Given that November 18, 2024, has been mentioned as a potential date, ADA may be getting ready for a breakout after spending about 455 days in this zone.&nbsp;</p>
<p>This timing, coinciding with Ali’s projection and historical market patterns, signals a potential bullish reversal. The $0.45 level remains a crucial resistance; crossing it could signify the start of a <a href="https://coingape.com/markets/can-cardano-price-hit-5-if-bitcoin-hits-300000/" target="_blank" rel="noopener noreferrer nofollow">substantial price shift.</a></p>
<p>Ali’s analysis projects a possible 2,288% rise for ADA, potentially pushing it above $6 if the breakout replicates the previous rally’s scale. September 2025 is proposed as a likely peak, should this cycle’s gains mirror the past.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/elite-analyst-predicts-major-rally-for-aave-heres-the-outlook/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Elite Analyst Predicts Major Rally for AAVE – Here’s the Outlook</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-key-price-levels-for-ada-strong"><strong>Key Price Levels for ADA</strong></h2>
<p>Ali’s chart analysis identifies $0.20 as a key support level in <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow">ADA’s current range</a>. This price floor has acted as a strong accumulation base, maintaining stability for the crypto. Meanwhile, $0.45 remains a key resistance level.&nbsp;</p>
<p>Should ADA surpass this threshold, it could confirm a breakout and indicate a return to a bullish phase. This shift could attract further interest in ADA, reinforcing its growth potential.</p>
<p>The chart shared by Ali offers a compelling case for <a href="https://watcher.guru/news/buy-cardano-ada-november-2024-price-prediction-reveals" target="_blank" rel="noopener noreferrer nofollow">ADA’s future movement</a>, linking current patterns to historical cycles. By highlighting specific support and resistance levels, Ali’s forecast allows traders to anticipate ADA’s next moves.&nbsp;</p>
<p>If the outlined scenario unfolds, ADA could follow a trajectory similar to its 2020-2021 performance. Driven by market structure and trading sentiment, ADA could potentially reach new highs by 2025.</p>
<p><strong><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></strong></p>
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<p>The post <a href="https://captainaltcoin.com/is-cardano-mirroring-2020-heres-when-ada-price-could-peak/" rel="noopener noreferrer nofollow">Is Cardano Mirroring 2020? Here’s When ADA Price Could Peak</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is Cardano Mirroring 2020? Here’s When ADA Price Could Peak

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