360Trader Marks $0.25 and $1.37 as Cardano Recovery Levels

Crypto analyst 360Trader flagged $0.25 and $1.37 as levels to watch in a Cardano chart analysis, framing them as steps in a recovery after ADA’s 2021 rally.

360Trader identified $0.25 as the point at which he would become interested in ADA if the token reclaimed it quickly. ADA traded around $0.1913 at the time of the Nov. 4 report. He also marked $1.37 as a higher threshold before a renewed bull-market phase.

His comparison uses ADA’s 2021 cycle, when the token rose 2,000% from a similar base before setting a record $3.10 in September 2021. The historical comparison does not include a target for a repeat rally: 360Trader gave no specific price objective.

360Trader tied a potential large advance to a new altcoin bull market and urged patience while the broader market awaited a bullish shift. Crypto Captain has also set a $4 year-end target for ADA.