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Crypto Analyst Predicts Bullish Move For Cardano Price To Cross $5, Here’s When

NewsBTC LogoNewsBTC1w ago

Crypto Analyst Predicts Bullish Move For Cardano Price To Cross $5, Here’s When - NewsBTC

Quick Summary:

With this development, he remarked that the main target for this price breakout is around $1.  Related Reading: Dogecoin Price Forecast: Analyst Says Downside Is Minimized As 1M, 3M, And 6M Candles Turn Bullish However, if the Cardano price holds above this $1 target, Babenski is confident that ADA can replicate its 2021 bull run pattern, which could spark the ADA rally to $5 and above.

This comes amid ADA’s recent rally, which could mark the beginning of its bull run, having underperformed for most of the year.  When The Cardano Price Could Cross $5 In a TradingView post, Babenski revealed that the Cardano price could cross $5 by 2025 year-end or the start of 2026.

In line with this, Santiment predicts that ADA might witness some retail FOMO soon enough.  ADA Entering Its Most Bullish Phase Crypto analyst Javon Marks also recently provided a bullish outlook for the Cardano price, stating that ADA may be entering its most bullish phase.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 17:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 23482164

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 11 posts per day

Year Established: 2013

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News Last Updated: 9 hours ago

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