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middle Directing the encryption marketMaster Ananda has made ups in Cardano oud expectations, expecting that he could still reach the highest new level (ATH) of $ 8.11. The analyst also sparked access to $ 10.
Cardano price to reach the new ATH $ 8.11
in TradingView publicationMaster Ananda expected that Cardano’s price to a new ATH is worth $ 8.11 because it records a “huge growth” this year. The analyst confirmed that ADA is officially in the Roll Market area after the completion of the first wave of The initial upward collapse. Watching with this, it predicts a new wave that can send Cardano to this target price of $ 8.
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Master Ananda also explained that the first bullish penetration reached its peak early in December last year. The analyst noticed that such a strong upward wave will always lead to a correction, which explains the reason Cardano price It is witnessing a major accident alongside the broader encryption market.
The encryption analyst confirmed that the current correction does not mean much for the market. Also note that this is just a rest period, while players, merchants and participants in the market unify all the previous gains. Master Ananda added that the market needs to adapt to the previous huge stage of growth.
More analysis to make market markets ada
Sayed Ananda indicated that he is in the market, revision It will always end in a higher decrease. According to him, the lower decrease, the stronger the graph or pair. He gave an example of the payment of ADA/USDT, which launched the previous upward wave of the baseline of $ 0.3,000.
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The higher correction has ended to about $ 0.6,000 for Cardano priceThe analyst noticed 100 % higher than the baseline price. Master Ananda noticed that this means that Cardano is very strong. He also revealed that the first peak ended with about $ 1.35, which claimed to be “wonderful”.
Moreover, the encryption analyst noted that it was a decrease of $ 0.2756 in August 2024, this step adds up to a total growth of about 375 %. However, he stressed that there will be more Cardano price this time in this bull running 2025. In reference to his accompanying plan, the most prominent Master Ananda $ 2, $ 4.84, $ 8.11 and $ 10.5 as a new peak 2025 possibility.
Master Ananda stated that this Cardano Price’s work analysis is involved now because it is believed that Ada is witnessing the creation of the lowest level in the short term. The lowest level happened in early February and now the second happens. He emphasized that the second lowest depression will be launched the next day The upward wave in the bull market.
At the time of this report, Cardano is traded by about $ 0.59, a decrease of more than 11 % in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
