Cardano price prediction: Analyst sets ADA path to $2

As Cardano (ADA) faces short-term selling pressure, one analyst projects the asset could be gearing up for a more than 200% rally toward $2. According to prominent cryptocurrency analyst Ali Martinez, the outlook is based on ADA’s consolidation within a large symmetrical triangle pattern throughout most of 2025—a formation that typically precedes a strong directional move. In an X post on October 10, Martinez noted that ADA has consistently formed higher lows while encountering lower highs, creating pressure that is expected to resolve as the price approaches the apex of the triangle in the coming weeks. ADA price analysis chart source: https://finbold.com/cardano-price-prediction-analyst-sets-ada-path-to-2/