This pattern sets Cardano’s path to $6 in this cycle

Cardano ( ADA ) appears to be following a clear technical roadmap that could pave the way for a major rally, potentially culminating in the asset hitting $6 in the current market ￰0￱ retracement and extension levels suggest that ADA is breaking out of a prolonged consolidation phase that began after its all-time high in 2021, according to insights shared by crypto analyst Ali Martinez in an X post on September ￰1￱ price analysis chart.) at $0.84 and its 200-day SMA at $0.74. This alignment signals a healthy bullish trend, with the short-term average firmly above the long-term one. Meanwhile, the 14-day RSI stands at 51.53, placing ADA in neutral territory, neither overbought nor ￰2￱ balance indicates room for further upside without immediate risk of ￰3￱ image via Shutterstock