Cardano has spent years drifting lower after its 2021 peak, frustrating long-term holders and pushing many traders to write it off. But a new high-timeframe chart shared by analyst Crypto Patel indicates ADA may finally be reaching a make-or-break moment. Based on his analysis, Cardano is now sitting on a multi-year base that could decide whether the next major move is a slow grind higher or another extended period of underperformance.
At the time of the chart, ADA is trading around $0.40 after a deep multi-year correction from its all-time high. Instead of collapsing further, the Cardano price has stabilized inside a broad accumulation zone that has held through multiple market cycles. That stability is what Patel argues matters most right now.
ADA Chart Analysis
On the 2-week timeframe, ADA is compressing inside a large symmetrical structure that has been forming since the 2021 top. Price is resting near a long-term ascending trendline while repeatedly finding demand between roughly $0.38 and $0.28. This zone has acted as support during several major sell-offs, including the 2022 bear market and later macro pullbacks.
The ADA chart also shows a descending resistance line coming down from the all-time high. That combination (rising support and falling resistance) creates the kind of pressure that often leads to a decisive breakout. According to Patel, the key area to watch is the $1.00 to $1.20 range. A sustained move above that zone would mark a structural shift, not just a short-term rally.
From there, Patel outlines longer-term upside targets at $2.60, $5.00, and eventually $10, assuming the broader market remains supportive and ADA holds above critical support. On the downside, he’s clear about invalidation. A weekly close below $0.28 would weaken the entire bullish thesis and indicate the base has failed.
What makes this chart interesting is not the price targets themselves, but the time spent building the base. The Cardano price has already gone through a multi-year reset, shaking out leverage and speculative excess. From a risk-reward perspective, long-term setups like this tend to attract patient capital rather than short-term traders chasing momentum.
That does not mean a move to $10 is guaranteed. The ADA price still needs confirmation through volume expansion and a clear break of long-standing resistance. It also continues to lag faster-moving narratives like meme coins and high-throughput chains. But structurally, this is the strongest long-term chart Cardano has shown since the last cycle.
Cardano Price Outlook: A Realistic Takeaway
The $10 figure should be viewed as a long-term scenario, not an imminent target. For now, the more important question is whether ADA can defend its current accumulation zone and eventually reclaim the $1.00–$1.20 level. If that happens, the multi-year base Crypto Patel highlights starts to look less like dead money and more like a launchpad.
Until then, Cardano remains in a patience trade. The chart indicates the downside is increasingly defined, while the upside depends on whether the broader market gives ADA the conditions it needs to finally break free.
Read also: XRP Price to $10? Bulls Just Defended the Key Zone Exactly as Planned
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