Trader Predicts 1,300% Cardano Surge to $7 Based on Historical Patterns, But Outcome Uncertain
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Cardano (ADA) could surge over 1,300% to $7 if historical price patterns repeat, according to trader Ali Martinez, but there are uncertainties.
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Martinez predicts an initial ADA price explosion to $0.80, followed by a correction to $0.60, before reaching the $7 target.
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Martinez is bearish on XRP with a potential 30% drop to $0.34 from its current $0.55 level.
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Martinez cites similar previous consolidation patterns for ADA that preceded a massive 2,900% price increase.
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The predictions carry risks as they are based on historical patterns repeating rather than guarantees.