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Cardano (ADA) Price Falls Below $0.22, but Analyst Holds $3.25 Target

Cardano (ADA) Price Falls Below $0.22, but Analyst Holds $3.25 Target

Photo: CoinCentral

TLDR Cardano price fell below $0.22, reaching $0.2105 before a modest recovery. Analyst Master Ananda maintains his bullish outlook despite ADA’s recent decline. A falling wedge and rounded bottom form the basis of his recovery forecast. Ananda identifies $1, $2, and $3.25 as potential upside targets. ADA must defend nearby support and regain buying momentum to support the bullish scenario. Cardano (ADA) price has slipped below $0.22, but crypto analyst Master Ananda continues to see a possible recovery. His forecast calls for ADA to reach $1 in the coming months before testing higher levels in 2027.

Source: CoinCentral

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