We're observing a striking resemblance between Dogecoin's 2017 breakout pattern and Cardano's current price structure. In 2017, DOGE consolidated for months with tight EMA compression before erupting into a strong rally. ADA is now showing a nearly identical setup: prolonged sideways movement, a breakout from compression, and a surge backed by strong volume (122.47B).
Price recently reclaimed and closed above key resistance at $0.76, flipping it into support—mirroring the early breakout phase in DOGE. If the fractal holds, ADA could be entering the early stages of a significant impulse move.
Levels to Watch:
Immediate resistance: $0.895
Further targets: $1.00, $1.16, and $1.32
While history doesn’t repeat exactly, it often rhymes. This setup deserves attention as the technicals align closely with a historically explosive move.
Price recently reclaimed and closed above key resistance at $0.76, flipping it into support—mirroring the early breakout phase in DOGE. If the fractal holds, ADA could be entering the early stages of a significant impulse move.
Levels to Watch:
Immediate resistance: $0.895
Further targets: $1.00, $1.16, and $1.32
While history doesn’t repeat exactly, it often rhymes. This setup deserves attention as the technicals align closely with a historically explosive move.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.