Cardano Zigzag Pattern Points to Potential Drop to $0.15 This Year
Photo: The Crypto Basic
Market commentator Kevin Mercer has warned that Cardano holders could face another round of sharp price swings in the coming months. Mercer described Cardano’s price behavior as a cycle of ‘pumping hard, dumping harder,’ and then moving on as if nothing happened. His commentary highlights the volatility that has characterized Cardano’s recent price movements. Mercer’s accompanying TradingView chart illustrates the projected zigzag pattern. It first highlights ADA’s recovery from the $0.14 level in late June to $0.28 in early October 2026. However, ADA subsequently reversed direction and began a sharp pullback.
Source: The Crypto Basic
