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Cardano bottom signal may return, analyst says watch late 2026

Cardano (ADA) has entered the second bearish phase of a multi-year down channel and could fall to $0.10 by year-end if a 2022-like pattern repeats, an analysis said. TradingShot said the current price zone resembles past bottom-building conditions, citing a weekly RSI bullish divergence similar to June 2022. Cardano is seen at about $0.249, down 75.5 percent from $1.02. A rebound path targets $0.245 first and potentially around $0.70.