Crypto analyst MasterAnanda has argued that Cardano could be approaching the end of its prolonged bear market ahead of a strong recovery.
In what he called a friendly reminder, the analyst cautioned that investors might not get another chance to buy Cardano at similarly low prices if the anticipated bullish trend materializes.
To support his outlook, MasterAnanda shared a three-day ADA/USDT chart on Coinbase. The chart highlights an extended downtrend that followed Cardano’s late-2024 rally, alongside a falling wedge and a prolonged bearish wave. It also shows a rounded-bottom formation that developed over approximately two months.
ADA Rebounds From $0.1384 Low but Faces Resistance
According to the chart, ADA recovered from a low of $0.1384 in July 2026 before climbing toward $0.28 this month. However, the cryptocurrency subsequently retreated to around $0.221, bringing it close to the $0.22 support zone highlighted in the analyst’s analysis.
MasterAnanda interprets this price action as an early recovery phase in which ADA is consolidating before potentially beginning another upward move. He believes the initial rebound was relatively modest and expects the next bullish wave to deliver a more substantial rally.
Analyst Projects ADA Could Reach $1, $2, and $3.25
MasterAnanda outlined several upside targets for ADA, with $1 representing his first major milestone. He believes the cryptocurrency could reach this level in the coming months if bullish momentum strengthens.
Beyond that, the analyst expects ADA to potentially climb to $2 in 2027, while leaving room for a move to $3.25, marking a new all-time high for the token.
However, these figures represent speculative projections rather than guaranteed outcomes. ADA would need to overcome intervening resistance levels and sustain buying pressure to reach these targets.
“Investors May Not See Current Prices Again”
Beyond his technical analysis, MasterAnanda argued that the prolonged bear market has created an opportunity that investors might not encounter again. In his view, the relatively low prices recorded throughout 2026 could become a distant memory if Cardano enters an extended bullish cycle.
He also suggested that ADA could continue appreciating for several consecutive years, potentially extending its gains into 2028 and beyond. Consequently, he encouraged investors who share his outlook to consider a long-term buy-and-hold approach.
Nevertheless, his claim that cryptocurrency markets will not experience another prolonged bear market remains speculative. Cardano continues to face broader market risks, and its ability to sustain an upward trend will depend on investor demand, market sentiment, and developments across the cryptocurrency industry.
ADA Retreats 25% From Its Recent Peak
Meanwhile, ADA has struggled to maintain the momentum behind its latest rally. Earlier this month, it climbed above $0.28, prompting several analysts to project a potential advance beyond $0.41.
However, the rally subsequently reversed, with ADA falling toward $0.21. This represented a 25% decline from its 30-day peak.
At the time of the reported figures, ADA was down 11.99% over the past seven days and ranked as the 15th-largest cryptocurrency by market cap.
Despite this weakness, some sentiment indicators continue to point to optimism surrounding Cardano.
Cardano Ranks Among Top Assets by Analyst Sentiment
In a separate development, CryptoQuant CEO Ki Young Ju highlighted Cardano among the leading crypto assets by analyst sentiment. ADA ranked fifth in the assessment, recording a positive reading of +1.2 sigma, behind Bitcoin (BTC), Solana (SOL), BNB, and Hyperliquid (HYPE).
The reported ranking suggests that analyst sentiment toward Cardano remains relatively constructive despite its recent price decline. The assessment also linked ADA’s position to its potential adoption in AI-focused payments and real-world enterprise applications.
However, positive sentiment alone does not guarantee a sustained price recovery. ADA must regain upward momentum and overcome key resistance levels before MasterAnanda’s ambitious price targets become attainable.
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