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.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.