{"id":607362,"date":"2024-05-10T17:00:59","date_gmt":"2024-05-10T17:00:59","guid":{"rendered":"https:\/\/ktsl888.com\/?p=607362"},"modified":"2024-05-10T10:00:10","modified_gmt":"2024-05-10T10:00:10","slug":"10-price-cardano-volume-90","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cardano\/10-price-cardano-volume-90\/","title":{"rendered":"Crypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%"},"content":{"rendered":"

The stars may be finally aligning for <\/span>Cardano (ADA) and its holders<\/span><\/a>, as the crypto token recently experienced a <\/span>significant reversal<\/span><\/a> and a jump in its trading volume. Interestingly, this development coincides with an ultra-bullish prediction that a crypto analyst made for the crypto token.\u00a0<\/span><\/p>\n

Crypto Analyst Predicts Cardano To Rise To $9<\/h2>\n

Crypto analyst Altcoin Daily<\/span><\/a> revealed in an X (formerly Twitter) <\/span>post<\/span><\/a> that $9 is their peak price target for Cardano in this bull run. The analyst joins other crypto analysts who have made ultra-bullish predictions for Cardano despite how low the crypto token is currently trading. Before now, <\/span>Dan Gambardello<\/span><\/a>, the founder of Crypto Capital Venture, had <\/span>predicted<\/span><\/a> that Cardano could rise to as high as $11 in this bull run.<\/span><\/p>\n

Related Reading: CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?<\/a><\/p>\n

Meanwhile, <\/span>crypto expert Jason Appleton<\/span><\/a> predicted<\/span><\/a> that Cardano will rise to as high as $32 in this bull run. Specifically, he mentioned that this will happen at the peak of this market cycle. Altcoin Daily\u2019s prediction comes amidst Cardano’s 90% jump in trading volume. This suggests that more investors are accumulating the crypto token ahead of this parabolic rise.\u00a0<\/span><\/p>\n

Cardano\u2019s price already reacted positively to this development, with the crypto token seeing a reversal from its downtrend. <\/span>Crypto analyst Trend Rider<\/span><\/a> suggested that this reversal might begin an upward trend for Cardano as he <\/span>noted<\/span><\/a> that the crypto token was currently holding its support level very well.\u00a0<\/span><\/p>\n

The analyst also revealed that <\/span>the bears<\/span><\/a> were currently trying to push the crypto token further down, but he claimed that they would get tired once Cardano could hold this support for 1 to 2 more weeks. Once that happens, Carano will bounce from its current price level, Trend Rider remarked.\u00a0<\/span><\/p>\n

Making A Bull Case For ADA<\/h2>\n

Crypto analyst Ali Martinez<\/span><\/a> recently made a bullish case for Cardano. He mentioned in an <\/span>X post<\/span><\/a> that the crypto token seems ready for a <\/span>parabolic bull run<\/span><\/a>. Martinez alluded to Cardano\u2019s historical trend and explained why the 50% price drop the crypto token experienced this past month might be a good buying opportunity.\u00a0<\/span><\/p>\n

Martinez claimed that <\/span>Cardano<\/span> consolidated within a parallel channel in 2019, signaling an end to the bear market. Following that \u201cstagnant phase,\u201d ADA is said to have broken out of the channel with a 75% surge and then experienced a 56% correction, setting the stage for its 4,095% price gain in that bull run.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?<\/a><\/p>\n

Martinez<\/span><\/a> further noted that a similar situation looks to be playing out again as Cardano has consolidated within a parallel channel, marking an end to the bear market. ADA then broke out of this channel with a 72% price surge following this period of stagnation. Now, Cardano has experienced a 50% price correction, just like in 2019, which Martinez remarked could be setting the stage for \u201can impressive <\/span>bull run<\/span><\/a> ahead.\u201d<\/span><\/p>\n

\"Cardano<\/p>\n

ADA price is still below $0.5 | Source: ADAUSDT on Tradingview.com<\/a><\/pre>\n
Featured image from Watcher Guru, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The stars may be finally aligning for Cardano (ADA) and its holders, as the crypto token recently experienced a significant reversal and a jump in its trading volume. Interestingly, this development coincides with an ultra-bullish prediction that a crypto analyst made for the crypto token.\u00a0 Crypto Analyst Predicts Cardano To Rise To $9 Crypto analyst Altcoin Daily revealed in an X (formerly Twitter) post that $9 is their peak price target for Cardano in this bull run. The analyst joins other crypto analysts who have made ultra-bullish predictions for Cardano despite how low the crypto token is currently trading. Before now, Dan Gambardello, the founder of Crypto Capital Venture, had predicted that Cardano could rise to as high as $11 in this bull run. Related Reading: CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious? Meanwhile, crypto expert Jason Appleton predicted that Cardano will rise to as high as $32 in this bull run. Specifically, he mentioned that this will happen at the peak of this market cycle. Altcoin Daily\u2019s prediction comes amidst Cardano’s 90% jump in trading volume. This suggests that more investors are accumulating the crypto token ahead of this parabolic rise.\u00a0 Cardano\u2019s price already reacted positively to this development, with the crypto token seeing a reversal from its downtrend. Crypto analyst Trend Rider suggested that this reversal might begin an upward trend for Cardano as he noted that the crypto token was currently holding its support level very well.\u00a0 The analyst also revealed that the bears were currently trying to push the crypto token further down, but he claimed that they would get tired once Cardano could hold this support for 1 to 2 more weeks. Once that happens, Carano will bounce from its current price level, Trend Rider remarked.\u00a0 Making A Bull Case For ADA Crypto analyst Ali Martinez recently made a bullish case for Cardano. He mentioned in an X post that the crypto token seems ready for a parabolic bull run. Martinez alluded to Cardano\u2019s historical trend and explained why the 50% price drop the crypto token experienced this past month might be a good buying opportunity.\u00a0 Martinez claimed that Cardano consolidated within a parallel channel in 2019, signaling an end to the bear market. Following that \u201cstagnant phase,\u201d ADA is said to have broken out of the channel with a 75% surge and then experienced a 56% correction, setting the stage for its 4,095% price gain in that bull run.\u00a0 Related Reading: Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000? Martinez further noted that a similar situation looks to be playing out again as Cardano has consolidated within a parallel channel, marking an end to the bear market. ADA then broke out of this channel with a 72% price surge following this period of stagnation. Now, Cardano has experienced a 50% price correction, just like in 2019, which Martinez remarked could be setting the stage for \u201can impressive bull run ahead.\u201d ADA price is still below $0.5 | Source: ADAUSDT on Tradingview.com Featured image from Watcher Guru, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":607372,"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":[12333,89347,84005,14643,79508,12332,89230,12329],"class_list":["post-607362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-adausd","tag-adausdt","tag-cardano","tag-cardano-news","tag-cardano-price"],"acf":[],"yoast_head":"\nCrypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%<\/title>\n<meta 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%","url":"http:\/\/ktsl888.com\/news\/cardano\/10-price-cardano-volume-90\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cardano\/10-price-cardano-volume-90\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Cardano_650a27.jpeg?resize=200%2C183","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Cardano_650a27.jpeg?fit=275%2C183"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"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","adausd","adausdt","cardano","cardano news","cardano price"],"dateCreated":"2024-05-10T17:00:59Z","datePublished":"2024-05-10T17:00:59Z","dateModified":"2024-05-10T17:00:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Sets $10 Price Target For Cardano As Volume Jumps 90%\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/10-price-cardano-volume-90\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cardano\\\/10-price-cardano-volume-90\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Cardano_650a27.jpeg?resize=200%2C183\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Cardano_650a27.jpeg?fit=275%2C183\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"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\",\"adausd\",\"adausdt\",\"cardano\",\"cardano news\",\"cardano price\"],\"dateCreated\":\"2024-05-10T17:00:59Z\",\"datePublished\":\"2024-05-10T17:00:59Z\",\"dateModified\":\"2024-05-10T17:00:59Z\"}<\/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\/2024\/05\/Cardano_650a27.jpeg?fit=275%2C183","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/607362"}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=607362"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/607362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/607372"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=607362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=607362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=607362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}