He stressed that ADA must first break above $0.38, and then move to $0.42 before it can experience a potential breakout to the upside. Related Reading: Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year Bullish Forecast For Cardano Continues To Grow Sharing a similar sentiment with Gambardello, a popular crypto analyst, identified as Sssebi’ on X has predicted that ADA could potentially skyrocket to $10 by 2025.
Notably, a crypto analyst has forecasted that Cardano, which is currently trading below the $1 mark, is on the brink of a major breakout, with the potential to skyrocket to $5. Expert Sees Cardano Hitting $5 Soon Popular crypto analyst, Dan Gambardello took to X (formerly Twitter) on October 6 to share his bullish projections for Cardano, highlighting past bull cycles and market trends.
The analyst has expressed confidence in this bullish outlook, emphasizing that a $5 price increase was a realistic target. For Cardano to reach new all-time highs of $5, Gambardello has disclosed that the 50-week and 20-week Moving Average (MA) are crucial levels to watch.
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