Ali Martinez names a token from the top 10 list that will grow by 300%

Renowned crypto analyst Ali Martinez remains confident in his forecast for Cardano (ADA), predicting a significant jump in its price. Martinez’s forecast, based on historical patterns and current market dynamics, suggests a potential rise of over 300% in ADA over the coming weeks.

Martinez’s initial prediction, made in mid-March, emphasized the striking similarities between Cardano’s current trajectory and the patterns seen in 2018−2021. According to Martinez, the consolidation of ADA in the range of $ 0.55 to $ 0.80 is a harbinger of a monumental surge that will eventually lead to a rise in value to $ 1.70.

The latest news from the analyst points to a repeat of this bullish sentiment, with Martinez emphasizing that ADA’s current position is exactly in line with expectations, further strengthening the expected breakout to $ 1.70. Based on the accumulation patterns depicted in the price chart ADA $0.90 Cardano -1.46% Market capitalization $32.29 billion VOL. 24 hours $0.21 billion , Martinez emphasizes the importance of previous cycles in shaping his predictions.

Although the current ADA figures do not match the scale of growth seen in 2021, Martinez remains optimistic. With the current accumulation phase lasting 76 days and the ADA price action now in its 34th day, Martinez suggests that bullish expectations remain justified, especially given the historical precedent of accelerated cycles.