The price of Cardano (ADA) is showing strength and could potentially reach a new high at $6, according to analyst Ali Martinez. Based on historical patterns and technical indicators, ADA has the potential for a major rally similar to past surges. ADA's momentum is supported by the general cryptocurrency market rally and optimistic expectations around potential collaborations with President-elect Trump for crypto-friendly policies. ADA's technical indicators suggest short-term price growth, but reaching an all-time high in 2025 will depend on support from the new administration's policies. ADA has seen a surge of 18% in the last 24 hours and has gained almost 45% in the past week.
- Content Editor ( finbold.com )
- 2024-11-15
Here's when Cardano (ADA) will hit $6, according to analyst