Wednesday, October 21, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $84,620 +2.24%ETH $2,516.06 +2.77%SOL $108.65 +1.95%XRP $1.38 +4.28%BNB $750.11 +1.81%DOGE $0.0833 +2.64%Prices: CoinGecko,
Altcoins & DeFi

Cardano Signals Potential End to Prolonged Downtrend, Targets $3.25 By Next Year

Image: The Crypto Basic

Crypto analyst MasterAnanda has argued that Cardano could be approaching the end of its prolonged bear market ahead of a strong recovery. In what he called a friendly reminder, the analyst cautioned that investors might not get another chance to buy Cardano at similarly low prices if the anticipated bullish trend materializes. To support his outlook, MasterAnanda shared a three-day ADA/USDT chart on Coinbase. The chart highlights an extended downtrend that followed Cardano’s late-2024 rally, alongside a falling wedge and a prolonged bearish wave. It also shows a rounded-bottom formation that developed over approximately two months. According to the chart, ADA recovered from a low of $0.1384 in July 2026 before climbing toward $0.28 this month.

Read the full story on The Crypto Basic

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Crypto Basic.

Latest in Altcoins & DeFi

All Altcoins & DeFi stories