Cardano Price Set To Skyrocket By 430%, Crypto Analyst Predicts

Quick Summary:

Long-Term Cardano Price Outlook Melika identifies a significant support zone for ADA between $0.30 and $0.35.

A successful breach of this resistance could validate the bullish rebound scenario."The $0.39 zone is a significant resistance where sellers previously controlled the market, making it a critical area to watch for any breakout,” Melika states.

In an analysis published on TradingView, pseudonymous crypto analyst Melika Trader has provided a technical forecast for Cardano (ADA), highlighting a long-term upside scenario with a price target of $1.8.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustria

Topics: ADA price ADA news Cardano news Cardano ADA Cardano Price Prediction Cardano price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 23:30:57 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 70 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23245593

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Main Topics: Crypto

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