‘Grand Bull Market’ For Cardano? Analyst Declares The Bottom Is In

Quick Summary:

Make no doubt about it, Cardano $ADAUSD has bottomed for a grand bull market Blue check mark only so no rude trolls pic.twitter.com/Xn33Twot47 — Peter Brandt (@PeterLBrandt) January 16, 2025 Momentum Of The Present Market ADA is currently trading at $1.13, with an intraday high of $1.14 and a low of $1.03 as of January 17, 2025.

Veteran trader Peter Brandt has suggested that Cardano (ADA) has “bottomed” and is preparing for a “grand bull market,” which has brought the cryptocurrency into the limelight.

Related Reading: Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists Cardano (ADA) Price Growth Catalyst Meanwhile, a potential catalyst for Cardano’s price ascent is the approval of exchange-traded funds by the US Securities and Exchange Commission.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Etf Cryptocurrency Market News ADA Altcoins Crypto Cardano

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 09:00:44 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 78 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 25216185

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