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Cardano long downtrend near end, analyst sees $3.25 in 2027

Cardano (ADA) may be entering the final phase of a prolonged downtrend, a forecast said. Blockchain outlet The Crypto Basic reported that crypto analyst MasterAnanda argued ADA could be nearing the end of its bear market and could see a stronger rebound. Citing Coinbase’s ADA/USDT three-day chart, he pointed to a falling-wedge pattern and a rounded bottom. He said ADA could reach $1 within months, $2 in 2027 and potentially $3.25. Recent price moves have been weaker.