Cardano (ADA) is facing short-term selling pressure, but one analyst predicts a rally of over 200% to $2.
Analyst Ali Martinez notes that ADA's consolidation within a large symmetrical triangle pattern in 2025 typically precedes a strong directional move.
ADA has consistently formed higher lows while encountering lower highs, creating pressure that is expected to resolve as the price approaches the apex of the triangle.
A key dip-buying opportunity is identified at $0.69, before ADA begins its climb to $0.95, $1.15 to $1.35, and ultimately $1.90 to $2 by early 2026.
Author's summary: ADA may reach $2 by 2026.