ADA Price Could Reach $12
In the last bull market, the ADA price went on a tremendous rally that saw the coin rise from as low as $0.03 to as high as $3.10 at its peak. This price action cemented the token as one of the winners of the bull, and some investors believe that the coin could be poised for another repeat of this price action. One X (formerly Twitter) user has given some points as to why this could be the case.
In the post, the user points to the current state of interaction and sentiment in the crypto market right now, which they refer to as brutal. However, they do not believe that this will always be the way things will be. According to the user, a quick change in the interaction and sentiment would lead to a rapid price increase.
will be a top mover in the bull mrkt once again But most will be jumping in above $3 Interaction & sentiment out here in is brutal at this pointAs with any forecast, a timeframe is often asked and they that they expect this to happen in the second quarter of 2025. This would coincide with the current 4-year cycle that usually sees prices of cryptocurrencies topping out by Q2 and Q3.But this will change very quickly –
— ADA WON’T BE UNDERVALUED FOREVER (@ADA_ONEVETCOTI)
and when it does there will be drastic price movements that most won’t be able…
ADA wavers amid expectations | Source:
Cardano Is In Better Shape
A prominent Cardano influencer has also a bullish picture for the digital asset. @cardano_whale, an account that boasts over 137,000 followers on X, said in a tweet that the Cardano network is currently in better shape than it has ever been. They urged investors who have been increasingly critical of the network to think if they are that way because they are projecting their emotions from the ADA price action onto the network itself. “If you’ve noticed yourself become increasingly negative about it over the last year or so, consider that you might just be projecting emotions from price action onto it,” the post read.
Although ADA has not seen the most impressive performance, it has not deterred bullish predictions from analysts. One analyst explained that and that the price of the digital asset could climb as high as $5.
