Cardano’s Price Surge Sparks Excitement: Can ADA Reach $4?

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Coin-Turk 11 months ago 389

Cardano’s price has surged by 8%, surpassing the $1.0 mark, with ADA ($0.43)‘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

After Donald Trump’s victory, the cryptocurrency market witnessed a tripling in value within a month, generating excitement in the



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