Analytics

Cardano May Be At A Prime Buying Point, Analyst Says

Reports say Cardano’s price has slid low enough that a fresh wave of buyers is talking about picking up $ADA on weakness. Crypto Jebb, a YouTuber with a big following, argues current levels create an attractive “buy the dip” opportunity because the downside looks smaller than the upside from here.

He notes $ADA sits more than 90% below its all-time high and roughly 77% under its December 2024 level near $1.32. That gap, he says, changes how risk looks for someone adding to a long-term position.

Market Structure Shows Patterns Traders Recognize

Weekly charts are at the center of the case being made. Reports note $ADA has a history of long consolidation before large rebounds, and some of those moves returned 100% or more.

Momentum readings have been on flat surface lately, which can mean selling pressure is easing after long falls. Support zones have held in prior cycles and buying interest later helped push prices higher.

These are technical signs only; they do not promise a repeat. Still, for many traders this setup signals an asymmetric bet — limited room to lose in proportion to the reward if things flip.