Dan Gambardello Compares Cardano’s Post-QT Dip With Prior Cycle

Crypto analyst Dan Gambardello compared Cardano’s recent decline after quantitative tightening with a pattern from the previous market cycle, while cautioning that the historical comparison has an important difference.

Cardano (ADA) traded at $0.2824 this week and later declined 10.68% from that level. Gambardello described the move as a post-quantitative-tightening pullback and said ADA is positioned between its 20-week and 50-week moving averages.

He is watching whether the 20-week moving average moves above the 50-week average. Gambardello described that development as part of a potential new altcoin cycle rather than a confirmed market signal.

Gambardello compared the current setup with early 2020, when ADA traded near its 50-week moving average as economic conditions appeared to be shifting toward growth. The comparison is limited because the COVID-19 crash later triggered a sharp decline across crypto markets.

He said he was not predicting another crash and was instead highlighting similarities between the two periods.

Bitcoin (BTC) declined by about 2.4%, moving from $84,280 to $82,227 as the broader crypto market weakened. Gambardello said XRP was showing a similar post-quantitative-tightening pattern as economic conditions appeared to move toward growth.

The previous XRP cycle differed from the current period because the Securities and Exchange Commission (SEC) sued Ripple in December 2020. Gambardello said the lawsuit pressured XRP during the bull market and prevented the token from experiencing a normal cycle.

For Cardano, his focus remains on the relationship between the 20-week and 50-week moving averages and whether the shorter-term average eventually moves above the longer-term one.