Crypto analyst Ali Martinez shared a bold prediction for Cardano price on X. He expects the ADA price to surge beyond $6 in the coming year. Moreover, he provided a very valid point to back his prediction.
Will Cardano Price Surge to $6?
Martinez stated, “#Cardano $ADA will reach $6 by July-September 2025!” The crypto analyst’s projection is backed by historical price patterns and technical analysis. In a chart shared on X, he pointed out that ADA saw an unprecedented 4,095% surge from its low following the 2021 COVID-19 market crash, reaching $3.085.
#Cardano $ADA will reach $6 by July – September 2025! pic.twitter.com/ik3NrNizaN
— Ali (@ali_charts) November 15, 2024
Based on similar patterns, Martinez expects the current bull run to propel ADA to $6.248, representing a 827% increase from current price levels. Furthermore, the Cardano price performance has already shown signs of momentum.
The token gained 53% in the last seven days, sparking investor interest. In the last 24 hours, ADA’s price rose 21.22%, recovering from a correction to $0.6742 at press time on Friday, November 15. Hence, ADA appears to be forming a bullish continuation pattern, signaling potential for a breakout.
Speculation on U.S. Blockchain Voting System
The ADA price surge is expected to have been fueled by the recent speculation about blockchain-based voting in the U.S. has fueled optimism for Cardano. Reports suggest that Cardano and Hedera Hashgraph (HBAR) are top candidates for implementing a decentralized voting system. This development has yet to be officially confirmed.
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Nevertheless, Cardano’s reputation for decentralized identity and secure infrastructure places it in a strong position. Unverified claims linked to Oracle’s ex-board member Shawn and the Department of Government Efficiency (DOGE) hint at plans for blockchain-based identity verification systems.
Although Cardano and Hedera remain silent on these rumors, investor sentiment has risen. Proponents argue that adoption for voting would boost ADA’s credibility and utility, further strengthening its market position.
Charles Hoskinson, Cardano’s founder, has previously committed to focusing on crypto policy in Washington, D.C., in 2025. This commitment aligns with the speculation of ADA’s potential role in e-voting systems.
Technical Analysis for ADA price
Cardano’s price action indicates a potential trend reversal after months of sluggish performance. The token recently broke out above the $0.50 level, suggesting bullish momentum. Fibonacci retracement analysis highlights possible resistance levels at:
$1.87 (38.2% retracement)
$3.00 (50% retracement)
$3.81 (61.8% retracement).
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A measured move from the recent breakout suggests ADA’s next target could be $3.10, representing a 360% increase from its current price. Martinez’s chart analysis predicts an extended rally, potentially leading to the $6 price point he outlined for 2025.
Also Read: Bitcoin Price Won’t Slip Below $60,000, Says Michael Saylor
