Cardano Price Primed for 24x Surge as Experts Spot Impulsive E-Wave Momentum

Forget the slow and steady narrative. Technical analysts are now mapping a potential moonshot trajectory for Cardano, fueled by a powerful Elliott Wave pattern that could rewrite its price history.

The Impulse Wave Thesis

Chart specialists point to a clear, impulsive five-wave structure forming on higher timeframes. This isn't mere consolidation—it's the classic setup for a powerful, directional thrust. The pattern suggests the previous corrective phases have fully exhausted, clearing the runway for a new impulsive advance.

Mapping the 24x Trajectory

The math comes straight from the wave projections. If the current structure plays out as modeled, Fibonacci extensions point toward a staggering 24-fold increase from recent pivot levels. That target zone aligns with previous cycle highs, acting as a magnetic attractor for price action. It's a high-conviction call based purely on the geometry of the charts.

Beyond the Lines on a Screen

While technicals paint a bullish picture, they don't operate in a vacuum. The wave count gains credibility from Cardano's relentless development cadence and growing institutional nods. Each protocol upgrade and new partnership adds fundamental jet fuel to the technical rocket.

The Cynical Hedge

Of course, on Wall Street, a 'long-term projection' is often just a polite way to say 'your guess is as good as mine until the next earnings call.' But in crypto's 24/7 market, these patterns have a notorious track record of either printing fortunes or vaporizing leverage at lightning speed.

One thing's clear: the charts are shouting. Whether the market listens—and whether traditional finance's risk models can even process a 24x move—is the trillion-dollar question. Buckle up.

TLDR

• Market analyst Quantum Ascend believes Cardano has reached its bottom and is ready to rally.
• He expects the Cardano price to rise to $10.4 in a bullish scenario.
• Even in a conservative case, he projects a rise to $5 from the current $0.39.
• The analyst identifies that Cardano is following a long-term ABCD price pattern.
• He highlights that the current D-wave correction is nearly complete.

Cardano price may be on the verge of a breakout, according to market analyst Quantum Ascend, who remains confident, saying a rally is “only a matter of time” as several bullish indicators line up, suggesting the cryptocurrency may soon reverse from its current level of $0.39 and head toward double digits.

Caradano Price Could Surge After Rebound

Quantum Ascend believes Cardano’s ongoing correction is nearing completion and anticipates a powerful rally to follow soon.

He pointed to ADA’s price action within a channel that has existed since 2018, showing a clear ABCD structure. The analyst noted that the asset currently trades in the D-wave, which is typically corrective in nature. However, the recent bullish move pushed Cardano back into the wedge, showing early signs of strength.

$ADA | @Cardano_CF

Weekly Oscillators Look Juiced

Same Correction From 2020 Wrapping

It's Only a Matter of Time for Cardanopic.twitter.com/QAYOm1sWXL

— Quantum Ascend (@quantum_ascend) January 7, 2026

He emphasized that the rebound from the lower wedge signals the end of the correction phase and start of the E-wave. Quantum Ascend said, “The corrective wave is nearly over, and a blastoff is expected.” His projection places the E-wave peak at $10.4, a 24x increase.

Even in a more conservative case, he projects ADA could rise to $5, which would still represent a 12x gain. He sees similarities between the current setup and the 2020 correction that preceded a major rally. Back then, cardano dropped to $0.017 before initiating a long-term uptrend.

Historical Trends and Indicators Support Bullish Outlook

Quantum Ascend referenced the retracement pattern in 2020 to support his bullish thesis for the Cardano price.

He compared the current pattern to the 2020 bottom and found similar structure forming, pointing to a completed ABC corrective wave. This strengthens his view that the bottom is either in or very near.

The analyst stated that such structures often precede impulsive uptrends, which could push prices to new highs. He highlighted that the rebound resembles the start of a bullish leg, just like the one in 2020.

He also analyzed the Stochastic RSI on the weekly chart, which has started to coil upward, similar to the 2020 setup. At that time, RSI climbed from under 25 to NEAR 100, leading to a strong rally. He sees this pattern building again.

Momentum Indicators Signal Growing Strength

Quantum Ascend also reviewed momentum indicators to support his view that the Cardano price may soon climb.

He pointed to the MACD histogram, where red bars are receding, showing that bearish pressure is weakening. A bullish crossover could confirm a trend reversal and signal the start of a new rally.

He added that current momentum suggests an incoming move to test higher resistance levels in the wedge. The expected E-wave WOULD carry Cardano either to $5 or $10.4, depending on market conditions.

He concluded that the technical structure and indicators support the start of a bullish trend reversal. As of now, Cardano trades at $0.39, with rising buying interest.