CandleFocus Cardano Follows a Similar Pattern to 2020; Analyst Expects ADA to Pump – Here's When
2024-10-29
Author: Content Editor
Multiple cryptocurrency analysts have projected major growth potential for Cardano (ADA), citing historical patterns and recent technological developments. One analyst believes that ADA is following a similar pattern to 2020 and suggests a potential price surge around November 18, after the U.S. elections, and a market peak by September 2025. InvestingHaven provides more conservative projections, with a crucial resistance level at $0.443 and a potential price range between $0.266 and $1.104, with an average target of $0.685. Zach Humphries projects a new all-time high around $5 for Cardano, citing the expansion of its technological infrastructure. However, achieving these targets would require significant market momentum and sustained development progress.
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