Cardano is ready to jump 2,000%: Analyst Says This Fractal Can’t Be Ignored

Updated

July 10, 2025

Gambar Cardano is ready to jump 2,000%: Analyst Says This Fractal Can’t Be Ignored

Jakarta, Pintu News – On June 8, the crypto market commentator known as “Quantum Ascend” revealed in a video that the price structure that once sent Ethereum Classic to the top of its bull market is now poised to do the same for Cardano , with the potential for upside of up to twenty times if history “rhymes and does not repeat itself”.

Introduction: Striking Similarities

Quantum Ascend began its analysis by pointing out the striking similarities between Cardano’s (ADA) weekly chart and the multi-year pattern that occurred before Ethereum Classic (ETC) experienced a price spike. According to him, these two cryptocurrencies share the same “market maker”, given that Cardano’s founder, Charles Hoskinson, was also involved in the Ethereum Classic project at the beginning. This gives an indication that the same pattern might repeat itself.

Also Read: Ethereum Transformation Secrets – How Big of an Impact on Cryptocurrency Prices?

Technical Analysis: Using Fibonacci

In its analysis, Quantum Ascend used Elliott wave counting to show that Ethereum Classic had completed the fifth impulsive wave of the last cycle, while Cardano was still waiting for the fifth wave after a long flag-shaped consolidation. He then applied a Fibonacci retracement to Ethereum Classic’s third-to-fourth wave segment of the 2020-2021 period, showing that the final impulse stopped “almost at 2.36”. He repeated the same exercise on the current structure of Cardano, which has advanced to the same proportional level.

Price Projections: Ambitious Targets

Furthermore, the second Fibonacci projection, which extends Cardano’s initial three-wave range to a full extension of 1,618, suggests a conservative target around $4. However, a more ambitious extrapolation from Ethereum Classic’s 3,618 peak could push ADA to a zone between roughly $10.67 and $12.55, which he calls the “primary” and “secondary” objectives. From the current price, such a surge would exceed 2,000 percent.

Conclusion: Potential Not to be Ignored

Quantum Ascend expressed its enthusiasm for Cardano, stating that the token is one of the high-conviction plays in its portfolio for what comes next. He set three objective price levels-$4.90 (conservative), $10.67 (primary), and $12.45 (secondary). While it remains to be seen whether the “altcoin season” will start as soon as the fractals indicate, ignoring this setup may be more costly than betting against it.

Also Read: Here are the Shocking Facts Behind Altcoins: Can it really be more profitable than Bitcoin?

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