- Cardano native token asset ADA enters pre-parabolic phase.
- Analysts expect a new ATH for ADA by Q1 2026.
- New ATH targets for ADA range between $5 and $8 this altseason.
Popular altcoins continue to show strong bullish signals across their respective price charts. These assets include the pioneer crypto asset, Ethereum (ETH), Ripple’s XRP, and Charles Hoskinson’s Cardano native token asset ADA. In detail, analysts believe that the Cardano native token asset ADA enters a pre-parabolic phase, meaning a new ATH could be seen for the altcoin by Q1 2026.
Cardano Native Token Asset ADA Enters Pre-Parabolic Phase
Following Bitcoin’s latest ATH price record in the $126,000 price range just two weeks ago, the crypto market suffered a severe correction. A few days after reaching this record, when traders were anticipating another major leg up, BTC’s price plunged from $121,000 to $104,000 within an hour, causing the biggest single-day liquidation in crypto history. In one swift collapse, all leveraged positions and longs vanished, alongside $3 billion in shorts.
Altogether, close to $20 billion was liquidated from the crypto market in that dramatic move. Since then, analysts have been searching for a rebound, but most signs still lean bearish for Bitcoin (BTC). Altcoins, in contrast, have been displaying gradual strength and potential for new ATH surges. While some claim Bitcoin’s decline ended any hope of an altseason, others strongly disagree.
At present, the majority of altcoins remain below their pre-liquidation price levels. Analysts predict that these tokens will not only recover but surpass their previous highs over the next few weeks and months. Still, a few warn that another dip may come before higher prices emerge, given that multiple support levels have flipped into resistance, setting up a challenging path for the next market rally.
Cardano’s ADA Could See a New ATH By Q1 2026
According to CoinMarketCap analytics, the price of ADA is currently trading at $0.66, marking a price drop of over 7% in the last 7 days and a drop of over 26% in the last month. At the moment, the asset boasts a total market cap of $23,917,601,418.11, which is up over 5% in the last 24 hours, and a 24-hour trading volume of $1,097,425,781.53, which is up over 119% in the last 24 hours.
As we can see from the post above, this analyst shares a bullish ADA price chart and says that from the $0.25 bottom in Sept 2023, the price of ADA has surged 150% and after the biggest liquidation in history, 4x larger than the COVID crash, the bull run is clearly not over. Cardano is entering its pre-parabolic phase, with a new ATH expected by Q1 2026 and declares that anything under $1 is free money, which is the final bottom before liftoff.
