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Crypto Banter analyst Sheldon expects Cardano ($ADA) to resume its upward move within the next seven to 10 days.
He shared this view during a recent YouTube livestream, highlighting price zones where buyers have been accumulating the cryptocurrency.
Sheldon said $ADA’s recent pullback has made buying areas on its chart easier to identify. He expects several cryptocurrencies to spend another week or two consolidating before making sharp upward moves.
“You can see very clearly where the buys are on Cardano,” Sheldon said, adding that the market will start turning green again once the current phase ends.
His outlook comes as Cardano trades at $0.2346, according to CoinMarketCap data. $ADA has fallen 7.81% over the past week but remains up approximately 11% over the past month.
Sheldon expects the current market weakness to persist briefly before buyers regain control. He indicated that the recovery will arrive sooner if the market moves lower and reaches the buying zones he has identified.
“If things play out right, we should be done in the next seven to 10 days and we should be seeing green again,” he said.
The analyst added that a quicker move into these zones will accelerate the recovery. However, he did not provide specific price targets for $ADA or identify exact price levels for the buying areas in the available excerpt.
His comments suggest he sees the current decline as an accumulation phase rather than the start of a prolonged downturn. $ADA’s response to buying interest and cryptocurrency market conditions will determine the strength and timing of the recovery.
Notably, $ADA hit $0.2813 last week, marking a five-month high. However, the price quickly retraced from that level but has since found support around $0.23, and many analysts believe the rally will resume soon.
Sheldon’s outlook follows comments from CryptoUS pundit George, who argued that Cardano will stage a recovery similar to Solana’s performance soon.
George noted that $ADA has repeatedly suffered deep declines during crypto winters before recovering. He also highlighted Cardano founder Charles Hoskinson’s continued involvement as a key factor supporting the project’s long-term resilience.
Solana provides a notable historical comparison. SOL fell to about $8.14 in 2022 after the FTX collapse, then climbed above $125 by 2023. It subsequently reached an all-time high of around $294 in January 2025.
That represented a gain of more than 3,500% from its December 2022 low to its peak. George sees Cardano following a comparable recovery path.
Meanwhile, $ADA will need to overcome its current price weakness and attract sustained buying demand to establish a similar trajectory.
At $0.2346, Cardano remains well below its previous all-time high of approximately $3.10. Its 11% monthly gain signals improved performance despite the weekly decline.
Sheldon’s seven-to-10-day forecast puts the focus on $ADA’s ability to stabilize and recover during the coming sessions.
Both analysts anticipate a Cardano comeback from different perspectives. Sheldon focuses on near-term buying zones and an imminent market turnaround, while George points to the prospect of a longer-term recovery modeled on Solana’s post-FTX rally.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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