Cardano Building Foundation for the Next Major Bullish Phase: Analyst

Cardano is holding a key support area, building a long-term bottom that would be crucial for the next bullish market price.

Despite macro headwinds, Cardano (ADA), like most other cryptocurrencies, has shown resilience. What usually sparks a broader market bloodbath and a new lower low formation could not even push the coin to its yearly low, signaling a behavioral change among holders.

Meanwhile, an early sign of stabilization is forming. Specifically, recent price action has drawn sentiments that ADA is forming a long-term price bottom.

Key Points

• Cardano has recently shown signs of stabilization after a prolonged decline that pushed the asset toward the $0.22 region.
• As the price approached the historic price bottom, buying interest intensified, allowing ADA to rebound toward the $0.31 area before cooling off.
• Cardano could be forming a long-term bottom, which would be the groundwork for the next explosive market phase.
• ADA could see a price expansion phase in the next 9 to 15 months, targeting a 60% to 200% price growth.

Cardano Finding Support After Extended Decline

An analysis from ArmanShaban highlights that Cardano has recently shown signs of stabilization after a prolonged decline that pushed the asset toward the $0.22 region. Notably, the coin has corrected for six consecutive months, dropping 76.8% from its September highs of $0.95 to a low of $0.22 on February 6.

As the price approached the historic price bottom, buying interest intensified, allowing ADA to rebound toward the $0.31 area. The commentary notes that the recovery suggests buyers remain active at key price levels, preventing a continuation of the downward pressure.

However, after that brief recovery, momentum slowed again, and the market entered another corrective phase. ADA earlier bounced from $0.20 to $0.31 on February 25 but has gradually settled near $0.27, where price action now appears to be consolidating.

Possible ADA Bottom Formation

While short-term fluctuations remain visible, the broader environment across the digital asset sector may be shifting. The analyst believes the market could be moving through a longer accumulation phase, where prices consolidate before the next major directional move begins.

This could be a long-term bottom formation for ADA, with the $0.22 support acting as a stronghold, preventing corrections to lower prices. The commentary highlighted that this would be the groundwork for price stabilization, with momentum accumulating for the next explosive market phase.

Targets in the Next Bullish Phase

If this theory proves true and the consolidation persists, ADA could see a price expansion phase in the next 9 to 15 months. This aligns with the end of this year and early 2027, a timeline in tone with several other analyses.

During the upcoming bullish phase, the market watcher expects price growth ranging from 60% to 200% for Cardano and most major cryptocurrencies. From the current market price of $0.27, this would take ADA’s price to between $0.433 and $0.81.

In the meantime, ADA needs to hold the $0.24-$0.26 support to avoid further declines. To do this, whales need to sustain buying pressure, and the broader crypto market needs to stay stable. Data from Coinglass shows that Cardano spot outflows into exchanges have surpassed inflows, suggesting that users are slowly accumulating.