Jason Pizzino, a macro trader and crypto investor in his latest YouTube video has noted that Cardano (ADA) is unlikely to hit an all-time high in this cycle. He told his subscribers that ADA is not showing sufficient market strength so far this cycle, making it impossible for an explosive breakout at this point.
He said: “If Cardano can do $10 this cycle, maybe come back to me. But other than that, this could just be another waste of time.”
Analyst compares ADA with SOL
He compared ADA’s price action on the weekly time frame to that of Solana (SOL). Notably, Solana looks poised to hit an all-time high after making a series of rallies this cycle. There could also be a possibility for extended rallies past the all-time high.
He explained the SOL chart and noted that we hit the breakout at 50%, $211. He noted that the price is still rising and the force is still on his side. He highlighted that the price is reaching its all-time high and returning to its previous all-time high around $260.
ADA holders are running out of time
But when he came to Cardano, he said: ‘It’s like an airplane… If you just sit on the ground with the engine running, the fuel just burns, but you still have to get from Australia to Europe. You’re running out of time. All that fuel gets eaten. And that’s what’s happening with the ADA holders,” he noted.
He emphasized that ADA holders have their engines running and should at least reach their all-time high of $3 and beyond. But he noted they may be out of time and may not reach record highs. However, in the case of SOL, he noted that we are back at these highs and getting ready to move to the next price targets.
“And in the case of SOL, you’re looking at $260, then $312 and then in terms of an extension of the whole movement that we’ve seen so far, somewhere around $400,” he shared.
Ali Martinez says ADA will reach $6!
On the other hand, Ali Martinez, a technical and on-chain analyst, in a latest X post shared a chart stating that “Cardano (ADA) will reach $6 in July – September 2025!”.
Cardano is currently trading around $0.6508, up more than 18% in the last 24 hours. It is striking that a so-called golden cross is starting to form on the daily price chart of ADA. This pattern is considered bullish and occurs when the lower moving average, usually the 50-day average, crosses the higher moving average, usually the 200-day, from bottom to top.
Interestingly enough, the last time it appeared was almost exactly a year ago and preceded a 120% increase in the price of the Cardano token over the following three months. What do you think? Will Cardano be able to reach its all-time high and rise above? Stay informed.
