Experienced analyst Peter Brandt, who has long criticized Cardano, abandoned this approach and attracted the attention of the cryptocurrency community with his latest predictions.
The veteran analyst claimed that Cardano (ADA) has now reached its bottom and could be on the verge of a major price increase.
Brandt noted that Cardano formed a double bottom pattern that lasted over a year before breaking above its recent local high of $0.81. Specifically, this pattern signals a possible reversal and a potential rally.
“Alt season???? Make no mistake, Cardano (ADA) has bottomed for a major bull market.”
Cardano (ADA) price is up over 30% in 2025, with ADA consolidating above $1 for the first time since April 2022.
https://twitter.com/PeterLBrandt/status/1879872718142943430
*This is not investment advice.