{"id":448512,"date":"2024-12-03T14:30:56","date_gmt":"2024-12-03T09:00:56","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=448512"},"modified":"2024-12-03T09:08:56","modified_gmt":"2024-12-03T03:38:56","slug":"cardano-price-prediction-mapping-altcoins-road-to-1-5","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-price-prediction-mapping-altcoins-road-to-1-5\/","title":{"rendered":"Cardano price prediction &#8211; Mapping altcoin&#8217;s road to $1.5"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">ADA&#8217;s price chalked a bullish rising triangle pattern on the 4-hour chart<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><em>A considerable liquidity pool at $1.0 suggested ADA could slide before pumping<\/em><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After rallying by 200% in November, <\/span><a href=\"https:\/\/ambcrypto.com\/category\/cardano-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Cardano [ADA]<\/span><\/a><span style=\"font-weight: 400;\"> has been cooling off. However, it could still soar towards $1.5. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, on the 4-hour chart, price action chalked an ascending triangle &#8211; A bullish formation that could be validated if the overall bullish market sentiment persists over the next few days.\u00a0<\/span><\/p>\n<h2>ADA&#8217;s $1.5 prospects<\/h2>\n<figure id=\"attachment_448513\" aria-describedby=\"caption-attachment-448513\" style=\"width: 1950px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11.png\"><img decoding=\"async\" class=\"wp-image-448513 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11.png\" alt=\"Cardano price prediction\" width=\"1950\" height=\"906\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11-300x139.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11-1024x476.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11-768x357.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11-1536x714.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSD_2024-12-02_16-23-11-1200x558.png 1200w\" sizes=\"(max-width: 1950px) 100vw, 1950px\" \/><\/a><figcaption id=\"caption-attachment-448513\" class=\"wp-caption-text\">Source: ADA\/USDT, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In most cases, a breakout rally from rising triangles leads to an upside swing similar to the triangle\u2019s height (white zone). If the patterns play out, that would push ADA to $1.45 &#8211; A 25% potential gain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The technical chart indicators, CMF (Chaikin Money Flow) and OBV (On Balance Volume), were above average levels at press time, indicating that ADA bull still had a shot at eyeing $1.5.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, a drop below the triangle would invalidate the bullish projection. In such a case, the pullback could extend to the bearish order block (OB) and support at $0.9 (cyan).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, when zoomed out on the weekly charts, ADA seemed to be back in the price range seen in 2021. If the pattern repeats itself, a $1.5 range-high could be reachable within the next few days or weeks.\u00a0<\/span><\/p>\n<figure id=\"attachment_448514\" aria-describedby=\"caption-attachment-448514\" style=\"width: 1950px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33.png\"><img decoding=\"async\" class=\"wp-image-448514 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33.png\" alt=\"Cardano price prediction\" width=\"1950\" height=\"906\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33-300x139.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33-1024x476.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33-768x357.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33-1536x714.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/ADAUSDT_2024-12-02_15-58-33-1200x558.png 1200w\" sizes=\"(max-width: 1950px) 100vw, 1950px\" \/><\/a><figcaption id=\"caption-attachment-448514\" class=\"wp-caption-text\">Source: ADA\/USDT, TradingView<\/figcaption><\/figure>\n<h2>Key levels to track<\/h2>\n<p><span style=\"font-weight: 400;\">Based on the liquidation maps, there may be still considerable long-leveraged positions around $1 (bright oranges). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, a pool of liquidity from short-sellers piled at $1.2 and above. For context, market makers tend to influence the market based on the liquidity zones.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In short, market makers could show their hands by eyeing these liquidity zones and influencing the price action.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/cardano-price-prediction\" target=\"_blank\" rel=\"noopener\">Cardano [ADA] Price Prediction<\/a> 2024-2025<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">So, the price could still drop to $1.0 before soaring to above $1.2. However, a drop below $1 could signal a bearish market shift for the altcoin.\u00a0<\/span><\/p>\n<figure id=\"attachment_448515\" aria-describedby=\"caption-attachment-448515\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59.png\"><img decoding=\"async\" class=\"wp-image-448515 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59.png\" alt=\"Cardano\" width=\"2560\" height=\"1879\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-300x220.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-1024x752.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-768x564.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-1536x1127.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-2048x1503.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Binance-ADA_USDT-Liquidation-Heatmap1-week-2024-12-02_16_37_59-1200x881.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-448515\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><i><span style=\"font-weight: 400;\">Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liquidity concentrated at $1.0 could attract the price before ADA attempts another upside rally. <\/p>\n","protected":false},"author":79,"featured_media":448516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,6379,18,66,3,4,20],"tags":[6427],"class_list":["post-448512","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-cardano-news","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cardano price prediction - Mapping altcoin&#039;s road to $1.5 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Cardano&#039;s [ADA] price was compressing within a rising triangle pattern. 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