🔥 Cardano Analyst Claims 2021 Cycle Similarities Point to $5-$10 Rally

Crypto analyst Dan Gambardello has drawn comparisons between Cardano’s current market positioning and conditions that preceded its major rally in 2021. His analysis focuses on ADA’s distance from all-time highs relative to when Ethereum began setting new records during the previous bull cycle.

In early 2021, ADA was trading approximately $0.38 while sitting roughly 240% below its 2018 peak of $1.398. Following Ethereum’s breakthrough to new highs, Cardano eventually climbed 751% to reach $3.10 by September of that year. Today’s positioning shows similar characteristics with ADA at $0.8831.

💬 ETHEREUM All Time High MADNESS! CARDANO About To FOOL EVERYONE!Intro 00:00BTC dominance 1:40Price volatility explained 2:05Ethereum ATH holds big clues 5:00Cardano is in great spot 8:10 — Dan Gambardello (@cryptorecruitr) August 25, 2025

🔸 Wedge Formation Creates Potential Breakout Setup

Technical analysis reveals #Cardano moving within what Gambardello describes as a broadening wedge pattern featuring ascending highs and lows. This structure could support rapid price acceleration if resistance levels are successfully breached.

Despite recent weakness showing 2.5% daily losses and 3.9% weekly declines, #ADA maintains positive monthly performance at 7.1%. The token has already gained more than 300% from cycle lows, with peak gains reaching nearly 500% before recent consolidation.

🔸 Price Projections Vary Between Conservative and Aggressive Targets

Clay’s technical evaluation places current resistance at the $1.00-$1.20 macro mid-zone, with heavier supply concentration between $2-$3. His bullish scenario projects movement above $5, which would deliver approximately 450% returns from present levels.

Gambardello expects initial challenges around $1.03 but anticipates rebounds could drive prices toward $1.25 and subsequently $2.00. His optimistic outlook includes potential for $10.02 if ADA breaks above $1.25, though he considers $7.50 more achievable this cycle.

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