While the crypto currency world was shaken with a lot of news, Cardano (Island) was on the agenda with the price decreases in March. However, some experts think that this regression may be a harbinger of a great rise. In particular, an analyst’s 10 -storey rise estimate excited the island investors again. So what do the technical and social indicators behind this expectation say?

Historical Formation Gives an explosion signal in 2025

The analyst draws attention to a “reverse shoulder-head-omuz” formation for the island. This formation has led to large rally in the past, and according to the analyst, the same structure has been re -formed. The analysis with logarithmic graphics reveals the possibility of an increase of up to 153 %in island dominance.

If this scenario occurs, the island price may rise to $ 2.9 and then to $ 7.1. This estimation means an almost 10 -storey increase compared to the current price of the island. Signals on the technical analysis side are positive, but what does market interest and social data say?

Google calls fall, interest is decreasing

Some analysts argue that search terms, such as “Cardano Price Prediction ,, have increased significantly on Google. However, from long -term data, a sharp decrease in these searches towards the end of March draws attention.

Google searches increased during the price recovery in January and March. But now, both the island price and the search interest tend to decline. In other words, the interest in the market does not seem as strong as the analyst claims.

The movement of whales directly affects the price

According to over -chain data, the most effective island whales consist of investors that hold 10 million to 100 million islands. This group has a total of 12.46 billion islands. However, in March, the number of islands in the hands of these whales decreased from 12.74 billion to 12.46 billion.

This sales pressure clearly explains why the island price weakened at the end of March. The movements of whale wallets play a direct decisive role on the island price. Therefore, monitoring these addresses is of great importance for investors.

The price of the island is stuck, Bitcoin will show direction

The island is currently stuck between 0.70 and $ 0.77. The island continues to remain in this narrow range and follows Bitcoin’s price movements to determine its direction.

If the BTC makes a upward break, the island can also break this jam upwards. However, in a scenario, the decline trend may deepen further. All eyes, leading crypto currency in the next step of Bitcoin.