Cardano Nears End Of 2020-Style Correction: Is $5 To $10 Next?

Cardano (ADA) may be nearing the end of a multi-month corrective phase that closely resembles its 2020 setup, according to a new technical analysis video posted Wednesday by crypto analyst Quantum Ascend. The analyst argues that a similar “lower trendline reset” preceded ADA’s prior breakout cycle, and that several weekly indicators are now starting to turn. Cardano’s 2020 Fractal Is Back In a Jan. 7 video shared on X, Quantum Ascend said he is looking at ADA’s weekly chart through a macro, multi-leg corrective framework source: https://www.newsbtc.com/news/cardano/cardano-nears-end-correction-5-to-10-next/