Cardano updated (Long-term view & New 7,400% 2028 All-Time High)Cardano / TetherUSBINANCE:ADAUSDTMasterAnandaADAUSDT (Cardano) is now gaining in bullish momentum. At one moment the market is bearish, the next moment the market turns hyper-bullish. Four weeks of bearish action deleted in five days. This is only the start of course. Good afternoon my fellow Cryptocurrency trader, I hope you are having a great Friday, week, summer and soon 4th of July. I hope you've been doing great. If not so great, everything is about to change for the better. Maybe not great if we are Cardano holders, the market was bearish for a long time and this chart clearly shows the strongest ever bearish cycle since 2021. August 2021 through December 2022 we experienced a very strong bearish cycle. The December 2022 bottom-low led to a bounce lasting a little over three months and then the final low and double-bottom happened June 2023. Notice these dates. On the current bearish cycle the dates changed. December 2024 produced the cycle top rather than a bottom. June 2026 produced the final low, three years after the previous low. Cardano is now trading within a long-term support zone and recovering. This support zone was active for five weeks and we are now green again. This level was activated first in 2020 from the bottom up and it took bullish traders, buyers, almost six months to break this zone as resistance (red: left side of the chart). Now this resistance has been flipped support. A bull market starting now can last several years. I would say the minimum is one year but this would be a worst case scenario. Minimum two years and we get more than that. Just the first wave can go beyond 2027. Just consider the previous bull market for a good example. The difference between now and then is what follows the bullish cycle that is starting now. There is no reason nor need for the market to go through another prolonged bear market. A bear market can be something like what we experienced with Bitcoin, the next one. Something like 6-9 months of strong bearish action followed by a new market cycle and in this way we experience long-term growth. · ADAUSDT Long-term targets We start with $1.32 as the minimum target before any major correction. Any type of pause will be short-lived before this level is reached. This would be the minimum based on my experience and the data I see coming from the charts. This is all based on technical analysis and years of experience. Not speculative opinion in this case. A very strong resistance can be found at $2.05. I have no way to predict how the market will react at these levels. All I can say is that a pause is expected at $1.32 then another one at $2.05. The second level can produce a stronger pause. The first significant ATH sits at $4.88. This is a long-term target and the most relevant one. Moving forward, we do great and grow, the Cryptocurrency market is very young. Cardano will perform amazing in the coming years, in ways that are hard to understand. This is based on the evolution of finance and the growth of the Cryptocurrency market as a financial asset, for trading, for business and so on. 4,200% is huge and definitely possible in 2028 around $7.76. Then comes $13.5 for 7,400%. These are our long-term targets. Thank you for reading. Namaste.