🔵 $ADA to $0.5? Cardano's Classic Pattern Hints at 30% Move if Validated



Cardano eyes a potential major move, which might culminate in a 30% price gain as a classic chart pattern takes shape.

This comes despite a continued sell-off in the market, with Cardano's price trading in the red. At the time of writing, ADA was down 1.23% in the last 24 hours to $0.354.

According to Ali charts, Cardano is consolidating in a triangle on its hourly chart with potential for a breakout. A triangle chart pattern sees the price moving into a tighter and tighter range as time goes on before a breakout either up or down. This has the potential of Cardano reaching nearly $0.38, setting up for a 7% move.

💬 Cardano $ADA is consolidating in a triangle, setting up for a potential 7% move. — Ali Charts (@alicharts) January 24, 2026

The bigger implication of this move is that $0.38 marks a key barrier whose breakout might see Cardano target beyond $0.484, a nearly 30% increase from current prices.

Cardano entered into a range after hitting a low of $0.345 on Jan. 19. The chances of consolidation remain in the short term as momentum indicators hint at range-bound movement before the next major move.

🔸 Cardano news

Cyber Hornet has filed for an S&P Crypto 10 ETF, which could be the first S&P-linked spot basket and includes Cardano.

Cardano founder Charles Hoskinson hints at new Cardano Critical integration, saying, "We actually have more on the way this month that I think people are gonna be very happy about."

Cardano has surpassed 118,400,000 total transactions on the mainnet. The Cardano Leios team has released a mempool visualizer.

As throughput increases, the mempool becomes critical infrastructure. This time, transaction propagation, ordering behavior and fragmentation effects start to matter. This visualizer sits alongside the Leios simulation framework and renders trace data so researchers can replay scenarios, inspect how mempool state evolves across nodes and study behavior under different network and protocol conditions.

#ADA | #Cardano
ADA-2,65%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)