Cardano (ADA) could see its price drop to $0.10 by the end of the year, according to an analysis by TradingShot. The cryptocurrency has been in a multi-year bearish channel since its all-time high of $3.10 in 2021, with its current price at $0.249, marking a 75.5% correction from the channel's peak of $1.02. The analysis suggests that if the 2022 bear cycle pattern repeats, ADA could experience a further 59.8% decline, reaching an ideal long-term buy zone for future bullish phases.
The report highlights that Cardano's price movements have historically followed a pattern of consolidation and expansion within a descending wedge. After a significant drop to $0.239 in December 2022, ADA rebounded 452% to $1.32 by December 2024. However, since August 2025, the coin has been in another bearish phase. The current analysis points to a potential bullish divergence similar to June 2022, which could eventually lead to a breakout and higher prices if history repeats.
Cardano ADA May Plunge to $0.10 by Year-End, Analyst Predicts
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