Cardano Cryptocurrency Analysis Points to $6 Based on Fibonacci Pattern

• Cardano maintains technical support at $0,90
• Fibonacci Pattern Projects ADA Towards $6
• Uptrend reinforced by moving averages

Cardano (ADA) continues to show consistent technical signals indicating a potential significant upside movement, potentially leading the asset to reach the $6 region in the current market cycle. The analysis is based on Fibonacci retracement and extension projections, which suggest ADA is emerging from a long consolidation phase that began after its all-time high in 2021.

According to analyst Ali Martinez, the cryptocurrency is consolidating around $0,90, an area that previously served as strong resistance and now acts as support. This chart behavior has historically been indicative of more robust price recoveries.

The asset is now approaching the psychological barrier of $1, and the market is monitoring whether it will hold above the 0,618 Fibonacci retracement level. This point is considered crucial, as it often represents the transition between a recovery phase and a more pronounced expansion in the cryptocurrency market.

If ADA confirms this breakout, the next targets are $1,70 and $2,90, with the $3,10 mark aligned with the previous all-time high. Above this, the next important extension is at the 1,618 Fibonacci level, projected at $4,72. The 2,618 level, which points to the $6 region, would represent a gain of over 550% compared to the current price.

Cardano $ ISLANDS topped at the 1.272 Fib last cycle. Similar price action now points to a $3–$6 range for this cycle! pic.twitter.com/W3cXJOm3Bx

— Ali (@ali_charts) September 20, 2025

Cardano is currently trading at $0,89, down slightly by 0,7% in the last 24 hours, but accumulating a weekly increase of over 3%.

Furthermore, ADA is showing technical strength by remaining above its 50- and 200-day simple moving averages (SMAs), which are at $0,84 and $0,74, respectively. This setup, with the short-term SMA above the long-term SMA, reinforces the market's positive bias.

The 14-day relative strength index (RSI) is at 51,53, a neutral zone. This suggests there's room for further upside without immediate signs of overbought, which could further fuel optimism around the ADA token.