Cardano (ADA) has been consolidating over the past few trading sessions, but the current technical setup suggests that a significant price move may not be far off. Mintern, the self-described chief meme officer of Minswap DEX, shared an outlook on X from an unidentified expert trader flagging what they believe is an imminent breakout situation for the asset . Since January 2022, ADA has been trading within a horizontal channel on the weekly chart, a range it fell into after losing significant ground from its all-time high of $3.10 the prior year. That decline saw the coin drop from $1.63 to under $0.91 in the week of January 17, 2022, alone. From that point, price action largely settled into a back-and-forth between the channel’s upper resistance around $1.18 and its lower support at $0.23. What makes the current moment more pressing is a descending trendline that formed inside this same channel. It first acted as a ceiling in August 2025, capping a rally at $1.019, and has kept a lid on every attempted recovery, producing a sequence of lower highs. BREAKING: CARDANO ( $ADA ) IS A TICKING TIME BOMB SAYS EXPERT TRADER The target is 1.20$ end of this week. In his words "there’s nowhere left for it to go this week it will either go up or go down." pic.twitter.com/Sg8yef818a — Mintern (@MinswapIntern) April 9, 2026 Cardano (ADA): Upside Target at $1.20 The expert trader behind the outlook is calling for a breakout to the upside , with $1.20 as the target before the week is out. From the current price of $0.2548, that would be a move of around 370%. The catch is the timeline, with roughly two days left in the week, pulling off a move of that magnitude is a stretch by most standards. Several other analysts do see $1.20 as a realistic target for Cardano over a longer horizon, but the market conditions right now make a move that fast difficult to justify. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Whale Accumulation Provides Support On the price action side, ADA tried to push higher on Thursday but ran into resistance at $0.26 and stalled. That move and the surrounding volatility triggered $637,590 in total liquidations, with shorts taking the bigger hit at $502,310, while $135,280 came from longs caught on the wrong side. In the last few hours, though, long liquidations have been leading, reflecting the current downward pressure. Despite all of that, large ADA holders don’t appear to be rushing for the exits . Exchange outflows have been outpacing inflows, pointing to accumulation rather than selling into weakness. That kind of behavior from whales has often acted as a floor during past downturns and can set the stage for a recovery when momentum shifts. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert Says Cardano (ADA) is a Ticking Time Bomb. Here’s why appeared first on Times Tabloid .
