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- Cardano is rebounding after hitting $0.782, now trading near $0.885.
- A recurring fractal pattern suggests ADA could rally 110% to $1.86.
- Open interest has surged $250M, showing growing trader confidence.
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Cardano (ADA) is showing renewed bullish momentum, currently trading at $0.885 after a modest 2% gain in the past 24 hours. The token has climbed 5.86% this week, recovering from a sharp decline to $0.782 in early September during a broader market sell-off. This rebound has sparked optimism among traders and analysts who see a familiar pattern forming on ADA’s price charts.
$ADA CYCLE REPEATING? 🚀🔥
— Bitcoinsensus (@Bitcoinsensus) September 10, 2025
📈 Previous rallies after bottoming delivered +260% and +360% gains
🔥 Eyeing $1.86 for potential +260% repeat
Fractal playing out again? 👀#Cardano #Crypto pic.twitter.com/ksaLTlOkUX
Recurring Fractal Hints at Breakout Above $1
According to a September 10 analysis by Bitcoinsensus, Cardano appears to be repeating a bullish fractal cycle. Historically, this pattern sees ADA rallying strongly, entering a sideways consolidation phase, bottoming, and then launching another rally — all while following an ascending resistance trendline.
In June 2023, ADA rallied 260% from the $0.220 support level to peak at $0.810 in March 2024, then corrected to $0.276 in August. It rebounded again, soaring 360% to $1.330 in December 2024 before retesting lows at $0.511 in June 2025. Bitcoinsensus now projects that this cycle could propel ADA toward $1.860, marking a 110% rise from current prices and a 260% rally from June’s lows.
Rising Open Interest Reflects Growing Market Interest
Cardano’s bullish setup is also supported by derivatives market data. Its open interest (OI) has surged by $250 million in less than a week to reach $1.79 billion, rebounding from a drop to $1.54 billion after hitting an all-time high of $1.87 billion in mid-August. Rising OI often indicates growing participation from leveraged traders, which can amplify price volatility and fuel further upside momentum.
Analysts Eye Altseason Boost for ADA
Market sentiment is increasingly leaning bullish, with several analysts forecasting that ADA could benefit from an impending altseason. Crypto Patel has even suggested that Cardano is coiling for an explosive rally that could eventually push prices to $7.
If the recurring fractal pattern holds true, Cardano could be on the brink of a powerful breakout. With rising open interest and growing analyst confidence, ADA may be preparing for a major rally above the $1 mark — and possibly far beyond.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Ethereum ATH Sparks Altcoin Surge: Cardano (ADA) Targets $0.92 Breakout
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
