Analyst Javon Marks predicts a significant price surge for Cardano, forecasting a potential 260% climb to reach $2.70. This prediction is based on an ascending triangle pattern observed in the cryptocurrency’s charts, a historically bullish signal. While Marks has established a track record in technical analysis and chart-based forecasts, Cardano’s leadership has not endorsed this projection. The potential 260% surge comes as ADA saw a recent 2.97% increase, trading around $0.63. This prediction is linked to a previous 300% rally when an ascending triangle pattern was observed. Long-term holders have also increased their ADA holdings by 1.81%, reflecting confidence in the cryptocurrency’s future prospects. Currently, there are no signs of institutional or regulatory intervention impacting Cardano, and on-chain data points to a growing base of support among ADA holders. However, leading industry figures remain silent regarding this prediction. Despite this forecast’s optimistic tone, historical data offers potential for similar growth. Analysts and traders closely follow Cardano’s technical signals for further market insights, with Javon Marks’ prediction representing a trend driven by sentiment in the trading community. Nevertheless, the immediate market reaction remains speculative without any institutional backing.