Cardano (ADA) The market is primed for a move upwards, crypto analyst Javon Marks Marks’ analysis comes amid recent price predictions that paint a bullish outlook for Cardano. Marks’s analysis coincides with recent predictions of Cardano price, which portray a bullish future.
Cardano’s price could increase by 15x
Marks Twitter – X is a reference to a tweet post The ADA shows “major progress since breaking the resisting trend.” Crypto analyst noted also that the crypto token tried to move more than 200% towards the first target of $2.77709, and claimed that recent pullback Cardano It could even be made to rise more rapidly.
Read Related Articles
Source:
Marks says that this development could lead to Cardano reaching $7.80, a 1,50% increase from its current value. This level seems more realistic, given that Altcoin Daily is also a crypto analyst. recently predicted Cardano to reach $9 by this September bull run.
Meanwhile, crypto analyst Ali Martinez Cardano is a very bullish crypto coin. Its price has mirrored its 2019 price increase of more than 4,000%. Martinez admitted that the past might not be repeated, but he said that Cardano can still have a similar price increase to that of 2019.
Cardano must see its downtrend reversed before it can experience parabolic movements. Trend Rider, a crypto analyst who specializes in ADA analysis, hinted at upcoming parabolic moves by noting that ADA is still holding on to its current support level. Cardano’s support level can be held for a period of 1 to 2 week, according to Trend Rider. the bears The crypto token’s price will rise from the current level.
Cardano’s Bull Run: A Closer Look
Dan GambardelloCrypto Capital Venture founder, Mr. suggested Cardano will probably mirror Ethereum in its last bull market in terms of price movement. He said that Cardano is now around the same level as Ethereum. Ethereum The 2020 Bitcoin halving. He expects Cardano will enjoy similar success as Ethereum did during the previous bull run.
Read Related Articles
Cardano is still on course for its bull-run, the crypto analyst said. It was down 90% since its peak (ATH), months after Bitcoin had halved during its last bull run. He still believes that Cardano will make another run in the near future, like it did back in 2021.
Crypto analyst Hinted at that Cardano’s bull run It is most likely that the problem will begin in the middle of the Altcoin Season. He was not sure, however, when the Altcoin Season would start. Bitcoin had hit an new ATH Before the halving, which has never been done before. He also said this Altcoins season may not begin until December. The analyst said that for now, patience is key.
ADA bulls are struggling to hold $0.44| Source: ADAUSDT on Tradingview.com
Charts from Tradingview.com and LinkedIn.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: www.newsbtc.com