{"id":552787,"date":"2023-09-25T23:00:10","date_gmt":"2023-09-25T23:00:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=552787"},"modified":"2024-06-11T08:52:56","modified_gmt":"2024-06-11T08:52:56","slug":"cardano-ada-price-12","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/cardano-ada-price-12\/","title":{"rendered":"Cardano: Factors That Could Drive ADA Price As High As $12"},"content":{"rendered":"

The Cardano community has been one of the fastest-growing in the crypto space and this has shone a heavy spotlight on the ADA price. With expectations mounting already even amid the crypto winter, there are key factors that stakeholders believe could drive the altcoin\u2019s price as high as $12.<\/p>\n

ADA Price Could Reach $12<\/h2>\n

In the last bull market, the ADA<\/a> 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.<\/p>\n

Related Reading: Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump<\/a><\/div>\n

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<\/a> would lead to a rapid price increase.<\/p>\n

At this point, they believe that most investors will end up entering the asset at a much higher price of $3 and above. This would put it at its previous all-time high. However, it doesn\u2019t end there. They put forward that at the end of the next bull market, the ADA price would be between $8 and $12.<\/p>\n

\n

$ADA<\/a> will be a top mover in the bull mrkt once again<\/p>\n

But most will be jumping in above $3<\/p>\n

Interaction & sentiment out here in #crypto<\/a> is brutal at this point<\/p>\n

But this will change very quickly –
\nand when it does there will be drastic price movements that most won\u2019t be able\u2026<\/p>\n

\u2014 ADA WON\u2019T BE UNDERVALUED FOREVER (@ADA_ONEVETCOTI) September 23, 2023<\/a><\/p><\/blockquote>\n

As with any forecast, a timeframe is often asked and they responded<\/a> 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.<\/p>\n

\"Cardano<\/p>\n

ADA wavers amid expectations | Source: ADAUSD on Tradingview.com<\/a><\/pre>\n

Cardano Is In Better Shape<\/h2>\n

A prominent Cardano influencer has also painted<\/a> 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.<\/p>\n

Related Reading: Is Cardano (ADA) The Worst Investment Of 2023? Here\u2019s What The Data Says<\/a><\/div>\n

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. \u201cIf you\u2019ve 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,\u201d the post read.<\/p>\n

Although ADA has not seen the most impressive performance, it has not deterred bullish predictions from analysts<\/a>. One analyst explained that ADA at $0.25 was a prime accumulation price<\/a> and that the price of the digital asset could climb as high as $5.<\/p>\n

Follow Best Owie on X (formerly Twitter)<\/a> for market insights, updates, and the occasional funny tweet\u2026 Featured image from Bitcoinist, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Cardano community has been one of the fastest-growing in the crypto space and this has shone a heavy spotlight on the ADA price. With expectations mounting already even amid the crypto winter, there are key factors that stakeholders believe could drive the altcoin\u2019s price as high as $12. 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. Related Reading: Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump 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. At this point, they believe that most investors will end up entering the asset at a much higher price of $3 and above. This would put it at its previous all-time high. However, it doesn\u2019t end there. They put forward that at the end of the next bull market, the ADA price would be between $8 and $12. $ADA will be a top mover in the bull mrkt once again But most will be jumping in above $3 Interaction & sentiment out here in #crypto is brutal at this point But this will change very quickly – and when it does there will be drastic price movements that most won\u2019t be able\u2026 \u2014 ADA WON\u2019T BE UNDERVALUED FOREVER (@ADA_ONEVETCOTI) September 23, 2023 As with any forecast, a timeframe is often asked and they responded 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. ADA wavers amid expectations | Source: ADAUSD on Tradingview.com Cardano Is In Better Shape A prominent Cardano influencer has also painted 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. Related Reading: Is Cardano (ADA) The Worst Investment Of 2023? Here\u2019s What The Data Says 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. \u201cIf you\u2019ve 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,\u201d the post read. Although ADA has not seen the most impressive performance, it has not deterred bullish predictions from analysts. One analyst explained that ADA at $0.25 was a prime accumulation price and that the price of the digital asset could climb as high as $5. Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet\u2026 Featured image from Bitcoinist, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":552789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,89347,84005,89457,14643,79508,12332,84164,89230,12329],"class_list":["post-552787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-ada-price-performance","tag-adausd","tag-adausdt","tag-cardano","tag-cardano-network","tag-cardano-news","tag-cardano-price"],"acf":[],"yoast_head":"\nCardano: Factors That Could Drive ADA Price As High As $12<\/title>\n<meta name=\"description\" content=\"The Cardano community has been one of the 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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Cardano: Factors That Could Drive ADA Price As High As $12","url":"http:\/\/ktsl888.com\/news\/cardano\/cardano-ada-price-12\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/cardano-ada-price-12\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/ADA-price-bull.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/ADA-price-bull.jpeg?fit=1200%2C900"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada","ada news","ada price","ada price performance","adausd","adausdt","cardano","cardano network","cardano news","cardano price"],"dateCreated":"2023-09-25T23:00:10Z","datePublished":"2023-09-25T23:00:10Z","dateModified":"2024-06-11T08:52:56Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Cardano: Factors That Could Drive ADA Price As High As $12\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-ada-price-12\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/cardano-ada-price-12\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ADA-price-bull.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ADA-price-bull.jpeg?fit=1200%2C900\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada\",\"ada news\",\"ada price\",\"ada price performance\",\"adausd\",\"adausdt\",\"cardano\",\"cardano network\",\"cardano news\",\"cardano price\"],\"dateCreated\":\"2023-09-25T23:00:10Z\",\"datePublished\":\"2023-09-25T23:00:10Z\",\"dateModified\":\"2024-06-11T08:52:56Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/ADA-price-bull.jpeg?fit=1200%2C900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/552787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=552787"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/552787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/552789"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=552787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=552787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=552787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}