A renowned cryptocurrency expert’s recent market prediction highlights historical similarities that suggest Cardano (ADA) could reach $6. As Bitcoin 
$96,718 falls to $96,400, altcoins are also adjusting downward. Sunday trading typically sees decreased volumes, which is not surprising given the current market conditions. The upcoming holiday week may result in weaker institutional demand. What are the long-term expectations?
Future Outlook for Cardano (ADA)
According to a chart shared by Ali Charts, the price of Cardano (ADA) 
$0.904232 Coin could potentially reach $6. In his analysis, Ali Charts compares past price movements with current trends and states:
“Cardano (ADA) is following a model remarkably similar to its previous cycle. The first significant correction after the bull rally in 2020 occurred at the same time as the correction we are experiencing today.
Next up is $6!”
ADA Coin Price Forecast
At the time of writing, ADA Coin is priced at $0.897. Investors believing in an ongoing rise faced $3.65 million in ADA Coin long position liquidations in the last 24 hours. After billion-dollar liquidations this week, bulls felt a significant blow during exciting market days.
However, Trump remains pro-cryptocurrency, and if Republicans implement necessary regulations, the Fed may have to accumulate Bitcoin. Additionally, Trump will officially take office on January 20, with four years to fulfill his promises. Although the risk of losing the majority in the Senate and House in the 2026 midterm elections exists, the situation appears better than the previous four years.
In the first section, we discussed the long-term outlook for ADA Coin. In the short term, $0.88 is emerging as a key support level, with potential dips observed. If this support is lost, key thresholds of $0.80 and $0.57 may soon come into play.
Conversely, $1.04 will be the first target in a potential BTC recovery, and if reclaimed, $1.32 may again be a goal.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
