latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Cardano Price Will Soar Until October, According to Ben Armstrong – Here’s How High It Could Go

Cardano Price Will Soar Until October, According to Ben Armstrong – Here’s How High It Could Go
Cryptocurrency analyst and influencer Ben Armstrong expects Cardano’s rally to continue for the next six months.
Armstrong predicts that by October 31st, Cardano (ADA) will have hit the $8.00 mark. At that point, he says investors will begin to take profits.

“By the end of, you know, the altcoin cycle, I think it will be around Halloween, I can see Cardano reaching $8. I can see a lot of people wanting it to get to $10. And I think between $8 and $9, people will start taking profits, – and that will kind of be the end.”
At the time of writing, Cardano is trading at $1.23 and would need to appreciate by over 700% to reach a price target of $10.
Armstrong reveals he believes Cardano is ‘going to be around for a long time’ as its adoption grows.
“We’re seeing now like some institutions are looking at Cardano. And I think there’s a reason for that. They understand the long-term play, the slow roadmap.”
The cryptocurrency influencer and analyst adds that he believes the upcoming initial public offering (IPO) is bullish for cryptocurrencies including Bitcoin.
“…I believe the Coinbase IPO is going to bring with it a lot of manipulation to the upside, because it’s beneficial for Coinbase. If you look at the valuation of Coinbase, it’s directly tied to the price of Bitcoin.
“There are a lot of people in crypto with a lot of money. And a lot of those people are tied to Coinbase. We know Coinbase was wash trading a few years ago. They just got a big fine for that. So we know it’s not beneath them.

Of course, now, they could probably hide it a little better. I think we are going to see… it’s going to be beneficial for everyone including Coinbase if the price of Bitcoin is up the day of the IPO which is April 14 th .”

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

.dh_responsive {
padding: 0px 20px 0px 20px;
@media (max-width: 980px) {
.dh_responsive {
padding: 0px;

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1597129173244-0'); });

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Art Furnace
The post Cardano Price Will Soar Until October, According to Ben Armstrong – Here’s How High It Could Go appeared first on The Daily Hodl . shares this Contents always with License.

Thank you for Share!



Cool to know huh? Read the full Article

Cool huh? Please read the full Article: Cardano Price Will Soar Until October, According to Ben Armstrong – Here’s How High It Could Go

Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News