Cardano’s price has surged by 8%, surpassing the $1.0 mark, with ADA‘s weekly increase exceeding 16%. Technical analyses suggest that ADA could experience a significant rise, potentially reaching $4 in the coming weeks, marking a 300% increase.
ADA’s Potential to Reach $4
Amid a broad market recovery, Cardano $1 is outperforming many other cryptocurrencies. Crypto analyst Ali Martinez compares the current price movements of ADA to the market cycle between November 2020 and August 2021, indicating that ADA may undergo a similar bullish trend.
Crypto analyst Ali Martinez stated, “I believe ADA can rise to $4 in the coming weeks.”
Market Analysts’ Opinions
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