Цардано-ова АДА has seen a growth of roughly 59% on a year-to-date basis as it trades at $0.394350 at press time. The cryptocurrency dubbed “Ethereum Killer” may have already made big gains this year, but it appears just to be warming up.
Blockchain analytics platform Santiment believes that ADA could be gearing up for a face-melting pump. The analysts expect an over 36% rally if this scenario repeats itself.
Will History Repeat With A 36% ADA Rally?
ADA price can rise by nearly 40 per cent in the coming weeks, based on a technical indicator.
According to Santiment, the activity of ADA whales has increased dramatically since the start of 2023. The last time the number of ADA transactions above $100,000 were this high was in May, and the price of the token soared by over 36 percent in the span of weeks.
History doesn’t repeat in crypto markets, but it does rhyme. If this trend were to come to fruition, ADA, the eighth-largest cryptocurrency by market cap, could make a 36% pump over the coming weeks.
Source: https://zycrypto.com/36-cardano-price-spike-awaits-if-this-scenario-unfolds-predicts-analytics-firm/