Looking at Cardano current trajectory and market conditions, hitting $24 by the end of 2025 seems like a long shot. Cardano has solid tech and real potential, but that kind of price jump would require some extraordinary circumstances that just aren’t lining up right now.
Cryptocurrency analyst Luckside Crypto has made a bold prediction that Cardano (ADA) could reach $24, representing a potential 40x increase from current levels before the end of 2025. The YouTube channel owner bases this forecast on technical analysis and market structure patterns that mirror ADA’s previous bull run cycle.
Luckside Crypto acknowledges that while some investors prefer to see ADA surpass $1 first, these dramatic price movements can happen very quickly in cryptocurrency markets. The analyst points to a bullish technical setup that has formed around ADA, with key support levels providing a foundation for significant upward momentum.
According to the analysis shared by Luckside Crypto, the $0.50 level has established itself as crucial support for ADA. The price has been consolidating above this zone for weeks, marking what appears to be a higher low in the bullish market structure. This consolidation phase followed a swing high that reached $1.32, with $24 now identified as the next major swing target.
ADA Token Mirrors Previous Bull Cycle
The analyst from the Luckside Crypto channel emphasizes that ADA current price action is following the same pattern as the previous market cycle. The cryptocurrency is displaying identical chart behavior to what occurred in November 2020, including similar dominance patterns against Bitcoin and comparable technical formations.
Luckside Crypto demonstrates that ADA is currently experiencing the same three-touch pattern on long-term trend resistance that preceded the major breakout in the last bull run. The current market position mirrors exactly where ADA was positioned in November 2020, just before its explosive move higher.
Even the current price dip represents a retest of support levels, matching the historical pattern perfectly. This technical similarity suggests that ADA could be preparing for a similar magnitude move, potentially reaching the $24 target much sooner than many expect.
Cardano Price Poised for Explosive Breakout
The YouTube channel owner Luckside Crypto notes that substantial accumulation and hoarding of ADA tokens has created extremely thin resistance levels above current prices. Many long-term holders continue buying and holding through market dips, reducing available supply and creating conditions for rapid price appreciation.
Above the 85-90 cent range, liquidity becomes very thin according to order book analysis. This lack of resistance could enable ADA to make the same type of 300% moves witnessed in previous bull runs. The concentration of short positions above current levels could also fuel additional upward momentum through short squeezes.
Luckside Crypto suggests that the next major crypto market breakout could trigger an abrupt move from the mid-80 cent range directly to $1.50 or higher, similar to the sharp wicks seen during previous bull cycles. The analyst believes this cult-like mentality among ADA holders creates unique market dynamics that enable such aggressive price movements.
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The timeline for reaching $24 could be accelerated, with Luckside Crypto suggesting July or early August as potential targets rather than the October timeframe indicated by historical patterns. The analyst notes that adoption has been suppressed but expects either explosive short-term price action or an extended market cycle to accommodate the significant gains ahead.
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