Cardano forecast: ADA forming pattern that resulted in 17,414% surge from 2020-2021
March 12, 2026
Cardano’s price is showing promising signs, with key indicators suggesting a potential rally in the near future. Analyst Dan Gambardello believes that the current market conditions resemble those that preceded Cardano’s impressive rally from 2020 to 2021. He points to the monthly Relative Strength Index (RSI) reset and liquidity cycles tied to quantitative tightening (QT) as key factors driving Cardano’s market structure.
Gambardello’s analysis indicates that previous periods of liquidity contraction followed by expansion have historically led to significant rallies in Cardano. During the last cycle, Cardano saw a massive surge of over 17,000% from its lows to its peak in 2021. Now, Gambardello suggests that a similar setup could be forming, with the monthly RSI fully resetting and the post-QT dip nearly complete. As global liquidity begins to expand again, the business cycle supports risk assets like cryptocurrencies, indicating a potentially bullish outlook for Cardano.
While the technical analysis shows Cardano trading near $0.258, slightly below the 50-day simple moving average at $0.288, there are key support and resistance levels to watch. The $0.24–$0.25 zone is crucial support, with a breakdown potentially leading to a retest of $0.22. On the upside, a break above the 50-day moving average could signal renewed bullish momentum.
Even though momentum indicators currently appear mixed, with the Awesome Oscillator (AO) showing slight negativity, analysts are monitoring macro liquidity trends and long-term indicators for signs of a potential breakout. Despite the uncertain outcomes that markets can bring, the similarities between the current conditions and those leading up to Cardano’s previous rally are worth noting.
In conclusion, Cardano’s price prediction seems optimistic as it aligns with historical patterns that have resulted in significant rallies in the past. With key technical indicators and liquidity cycles pointing towards a potential breakout, investors are closely watching for signs of a new expansion cycle for Cardano, similar to what was witnessed in 2020–2021.
