Cardano rose from $ 0.72 to more than $ 0.83 this week, along with Bitcoin price. There was also a sudden increase in Ada/JPY trading, which rose in size and reached 121.5 million dollars in 24 hours. This made her the second most traded ADA pair in the world.
The bold analyst 8-14 dollars predica
Encryption Tip Participated in the x -ups of ADA on X. In the next market round, and expects a possible range from $ 8 to $ 14 for Cardano. It breaks it with main measures: the maximum Crypto market, and the dominance of the ADA market.
Drini notes that during the last bull cycle, the total maximum Crypto market at the extension level of 1.618 Fibonacci. If this style is repeated, it is expected that the maximum Crypto market will reach $ 6.5 trillion, which is just a decrease compared to the stock market of $ 100 trillion.
In the previous round, Cardano’s market dominance reached its peak at 4.5 % of the total encryption market. If the same thing is applied to the maximum market of $ 6.5 trillion, the market value of ADA will increase to 292.5 billion dollars, and its price will gather to $ 8 per ADA.
If things become really optimistic and the total encryption market is $ 10 trillion, which is a level supported by the Energy Law and slope models, Drini says that ADA can rise to $ 10-14, with the maximum market by about $ 450 billion.
But all of this depends on how to run market factors. Drini explained that these expectations were not based on the noise, but it supported it with data, previous trends and solid mathematics. In the best scenario for cases, Cardano will repeat its previous hegemony while the encryption market strikes new levels.
The coming of the next bull next
analyst Dan Ghambbardo It is also expected that the huge Ada Bull Run will be coming, while most people do not expect it now. It highlights that the MACD index on both monthly and weekly plans began to show signs of a large move. This type of style was seen immediately before ADA rises the last session.
In the short term, ADA exploded from a classic bi -up style called the reverse head and shoulders and successfully evaluated the level of penetration. But you are now facing resistance on a 200 -day moving average. If you violate this level, we may see a strong gathering. Otherwise, it can decrease to $ 0.65 to $ 0.58.
On the upper side, $ 1 is the main psychological level. If Ada exceeds US dollars, the next goal may be from $ 1.20 to $ 1.25.
