Cardano Price Prediction: Historical Data Reveals Potential Upside

Historical price trends and correlations suggest that Cardano’s recent correction may have reached its bottom point. With a high correlation of 0.87 to Bitcoin in the last 30 days, Cardano (ADA) has aligned with market movements of major altcoins like Dogecoin (DOGE). This alignment is further reinforced by institutional investment interest and global liquidity expansion, mirroring broader altcoin price surges. 📈 As we approach the anticipated 2025 altseason crypto bull market, Cardano’s potential as a leading contender is undeniable. 🚀 Driven by growing institutional adoption and increased liquidity, ADA price action has closely mirrored the performance of leading alternative coins like DOGE. Currently, with a fully diluted valuation of $31.8 billion and 24-hour average trading volume exceeding $913 million, Cardano has shown notable growth in recent days. The price is currently hovering around $0.7092 on Monday during the mid-North American trading session. 📊 📍