Amid market uncertainty following the Cardano price pullback, analysis suggests this might be the calm before the bullish storm.
Notably, Cardano (ADA) is in a bearish phase, as it tilts towards a fifth consecutive red candlestick on the daily chart. The coin had rallied to $0.43 in early January before a broader market trend saw it lose 41% of its value.
Key Points
- Amid market uncertainty following the Cardano price pullback, analysis suggests this might be the calm before the bullish storm.
- Cardano (ADA) is in a bearish phase, as it tilts towards a fifth consecutive red candlestick on the daily chart.
- Still, analyses view the current market condition as the calm before a bullish storm.
- Cardano’s bearish momentum started on August 14 and has continued until February 6, spanning 176 days of bearish waves.
- There has always been a mixed period of bullish and bearish seasons in the cryptocurrency market’s history, suggesting that this phase may be temporary.
Calm Before the Storm
Amid the ongoing downtrend, analyst MasterAnanda remains unfazed. In his recent TradingView analysis, he called the current market condition the “calm before a bullish storm.”
The market watcher answered one of the most pressing questions in the minds of enthusiasts: what follows next after this corrective phase. Contrary to emerging sentiments that the crypto market could enter a deeper slump, the analyst sees a recovery on the horizon.
Notably, he hinged this belief on cyclical market patterns in the past. He noted that we already had a bearish storm dating back to July 2025. This storm started with a higher high formation, which peaked at $0.93 on July 21, 2025.
A subsequent attempt to climb higher was on August 14, when ADA reached $1.019. Eventually, this formed a double top and marked the highest price the coin has reached since then.
Cardano AnalysisMasterAnanda## 176 Days of Cardano Retracement
Meanwhile, the bearish momentum continued until February 6, spanning 176 days of bearish waves. During this period, Cardano dropped 78% to $0.22 before its recent rebound to reclaim $0.25.
MasterAnanda pointed out that there can’t be an unending bearish storm, as bulls once dominated the market before the current retracement. He highlighted a mixed period of bullish and bearish seasons in the cryptocurrency market’s history to conclude that this phase is nearing its end.
With this conviction, the analyst identified areas of interest for Cardano. His commentary spotlighted entry points for this move and possible targets.
For context, he deemed the $0.2410 to $0.2750 range a good area to buy ADA. Currently, the coin trades around this area, aligning with earlier analysis that this might be the best time to buy.
For his targets, he shared seven. They conclude $0.30, $0.33, $0.40, $0.52, and $0.61. The last two are $0.71 and a staggering 236% rise to $0.84.
However, he noted that a weekly close below $0.23 would invalidate his projected move. For context, ADA is just 8% away from this price.
It bears mentioning that this analysis is not guaranteed, as the market remains weak at this point. Hence, a proper observation before any financial move is advised.
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