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MainNewsCardano Pric...

Cardano Price Prediction: Will ADA Climb to $3 Again?


by CoinEdition
Cardano Price Prediction: Will ADA Climb to $3 Again?
  • The 25 to 200 EMA revealed that ADA might repeat the 2020 to 2021 rally.
  • Cardano’s price might hit $0.68 if bullish forces can help the token close above $0.60. 
  • A 100% increase to $1.18 could happen in the next few months depending on the market sentiment.

If the prediction of technical analyst Trend Rider is anything to go by, then Cardano (ADA) might be set for a major uptrend. According to Trend Rider, the 25 to 200-day Exponential Moving Averages (EMAs) presented a bullish structure for ADA in the long term.

In his post, the analyst said that Cardano might repeat a move similar to the period when the price went from $0.11 to $3.

A Bullish Breakout May Be Coming

According to CoinMarketCap, ADA’s jump from $0.11 to $3 happened between December 2020 and September 2021, meaning it took about 10 months. T…

The post Cardano Price Prediction: Will ADA Climb to $3 Again? appeared first on Coin Edition.

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Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

After a strong recovery wave, the Cardano price today is trading near $0.788, consoli...
Cardano Price Forecast May 22: ADA Rejected at $0.765 as Momentum Weakens

Cardano Price Forecast May 22: ADA Rejected at $0.765 as Momentum Weakens

The Cardano price today is hovering near $0.748, dipping mildly after facing resistan...
MainNewsCardano Pric...

Cardano Price Prediction: Will ADA Climb to $3 Again?


by CoinEdition
Cardano Price Prediction: Will ADA Climb to $3 Again?
  • The 25 to 200 EMA revealed that ADA might repeat the 2020 to 2021 rally.
  • Cardano’s price might hit $0.68 if bullish forces can help the token close above $0.60. 
  • A 100% increase to $1.18 could happen in the next few months depending on the market sentiment.

If the prediction of technical analyst Trend Rider is anything to go by, then Cardano (ADA) might be set for a major uptrend. According to Trend Rider, the 25 to 200-day Exponential Moving Averages (EMAs) presented a bullish structure for ADA in the long term.

In his post, the analyst said that Cardano might repeat a move similar to the period when the price went from $0.11 to $3.

A Bullish Breakout May Be Coming

According to CoinMarketCap, ADA’s jump from $0.11 to $3 happened between December 2020 and September 2021, meaning it took about 10 months. T…

The post Cardano Price Prediction: Will ADA Climb to $3 Again? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

Cardano Price Prediction for May 23: ADA Faces Resistance Near $0.80 After Sharp Rebound

After a strong recovery wave, the Cardano price today is trading near $0.788, consoli...
Cardano Price Forecast May 22: ADA Rejected at $0.765 as Momentum Weakens

Cardano Price Forecast May 22: ADA Rejected at $0.765 as Momentum Weakens

The Cardano price today is hovering near $0.748, dipping mildly after facing resistan...