Crypto analyst Lark Davis predicts that the price of Cardano (ADA) could rise up to $10 before the end of the bull cycle. He attributes the high price of Cardano and increasing market attention as the main reasons for his prediction. Davis believes that a major price surge is imminent and the coin may rise by as much as 800% from its current value. Cardano has recently performed well, with a 213% increase in the last month alone. Davis expects the price to range between $4.80 and $7.70 before hitting $10. The strong performance of Cardano and rising interest in the market, as well as whales buying ADA and increasing trading volume, support the upward trend of Cardano. Additionally, experts note a bullish chart pattern that could result in a 50% surge in price. The targets for this move are $1.08, $1.24, $1.36, and $1.49. At the time of writing, ADA is trading at $1.07, dropping over 2% in the last 24 hours. However, with positive market sentiment, Cardano is expected to break out in the coming days.
- Content Editor ( thecoinrepublic.com )
- 2024-12-02
Cardano Price To Hit $10 By End Of This Cycle?