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Renowned crypto analyst, Ali Martinez, predicts a consolidation phase for Cardano (CRYPTO: ADA) before a potential breakout. What Happened: On Wednesday, Martinez took to X, formerly Twitter, to express his views on the current state of Cardano, a currency sometimes labeled as an Ethereum (CRYPTO: ETH) killer.. He believes that the cryptocurrency is exactly where it should be, consolidating in the $0.55 to $0.80 range, before a potential breakout to $1.70. See Also: ‘Dogecoin Killer’ Shiba Inu’s Daily Transactions Spike 1,082%: ‘Still Very Bullish On SHIB,’ Says Crypto This comes in the wake o…