- ADA enthusiasts debate over best time to buy the dip.
- Analysts says ADA is a long-term bullish altcoin.
- The altcoin will need a pump of over 88% to enter price discovery.
The price of the popular altcoin ADA shows steady signs of recovery after a major week-long dip in prices. This leads to a debate between bearish and bullish crypto and Cardano analysts. As ADA enthusiasts debate over best time to buy the dip on long-term bullish Cardano altcoin, speculation over altseason peak pump phase arrival grows stronger. New ATH ahead for ADA?
ADA Enthusiasts Debate Over Best Time to Buy the Dip
According to analytics, the price of ADA is currently trading in the $0.36 price range showing that the asset is up by over 1.1% in the last 24-hours. This is exciting as the price of ADA has fallen by almost 10% over the last 7 days. Currently, the asset boasts a total market cap of $13,076,175,896.46 and a 24-hour trading volume of $704,860,050.87. The asset will need to pump over 88% from here to set a new ATH.
The ADA enthusiast in the post above talks about how he feels about large Cardano influences going bearish for 2026. He says seeing this only makes him more optimistic for the medium to long-term. He says that 2026 is expected to surprise the crypto community and he believes that all this pain will lead to a massive blessing of an upside for the coming months ahead.
Meanwhile, the ADA trader in the post above explains why he will not buy the ADA price dip just yet. As we can see from the post above, he says that ADA on the daily chart may look like the perfect entry, but that does not mean that ADA is ready to move up. The asset looks to be pinned in a dark red zone at the moment, and he does not believe this to be the floor, instead, he says it looks like a weight.
He explains that this could be a zone of maximum pressure and exhaustion, where a lot of traders get stuck in ‘sideways purgatory’ for weeks. He says he is not waiting for the bottom price, but just wants to see if ADA can prove that it has the strength to climb out of this red hole. Thus, he is waiting to see ADA make a decisive break and a daily close above the $0.45 price level.
Long-Term Bullish Cardano Altcoin Pump?
In conclusion, he says that until ADA escapes that zone, the bears are the ones holding the keys. So, his plan would mean buying at slightly higher prices with confirmed momentum than buying at the ‘perfect bottom’ and hope that it doesn’t leak lower. He finishes his post by reminding the masses that Trading isn’t about being the first one at the party, but rather about making sure the party is actually happening before walking through the door.
