Cardano: Your Altcoin ChoiceOne of our friends asked for an update on Cardano, the 2025 All-Time High. I already did several charts with the ATH so I will recycle this one since the numbers stay the same.
We can still use the same numbers today we extracted after June 2023, that is because we use the bear market bottom to project a new ATH. Anyway, the chart is easy.
Cardano bottomed June 2023 and has been moving within an uptrend, higher highs and higher lows.
The last bullish jump happened in late 2024 peaking in early December. Then the correction comes. The correction bottomed early February 2025 and this week we are seeing the establishment of a higher low. This higher low is a great place to buy and go LONG. Because the correction is over so the next move is up. No more lower prices. No more sideways, no more corrections but up.
The correction lasted some 4 months and amounted to a drop of more than 60%. Some people without a clue are calling for lower but this is impossible. A correction is just that a correction, not a bear market. A bear market was 2022 and it requires lower and lower... Cardano has been going up since June 2023. We are entering the bull-run phase in late 2025. The contrary to a bear market we are actually seeing, we are in a bull market. The recent bearish action is a simple correction of the last bullish move.
Obviously bullish because we have a higher low compared to August 2024, the last bottom. This is super basic but sometimes is good to go back to basics before a major run.
The standard 2025 All-Time High target is $8.11. If the market does really good, it can go higher, much higher. If the market does poorly, growth will still be amazing. Doing poorly is not an option. Crypto is the new default method to exchange value. Soon, 1 billion people will be trading and using Crypto, growth will be something that cannot be explained.
Bet on Crypto and you will win in the short-, mid- to long-term.
Buy and hold Crypto and your financial future is secured, this is an easy bet.
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