The post Cardano Price Prediction: ADA Price Poised for 60x Rally In the Next 6 Weeks If This Happens appeared first on Coinpedia Fintech News
Renowned crypto analyst Tyler Strejilevich has sent shockwaves through the cryptocurrency community with a tweet hinting at a remarkable surge for Cardano (ADA).
His attention was drawn to a bullish weekly cross on ADA’s chart, a phenomenon last seen over three years ago, propelling ADA to a jaw-dropping 6,000% surge in just 66 weeks with the price reaching its all-time high of $3.09 in 2020.
#ADA is about to get a bullish weekly cross for the first time since JUNE 2020The last time this happened it pumped 6,000% over the next 66 weeks#cardano pic.twitter.com/xQvvbf3b1O
— Tyler Strejilevich (@TylerSCrypto) December 9, 2023
According to his analysis, he speculated that this could become ADA’s reality following the recent appearance of a bullish weekly cross on the crypto asset’s chart. He says that if history repeats itself, then Cardano could surge down to $33 over the next 66 weeks.
Meanwhile, this means that ADA could reach the projected price of $33.55 by March 15, 2025.
Analysts Clash Over Cardano’s Price Surge
While Strejilevich expects ADA to surge 6,000% over the next 66 weeks, a group of analysts recently released their forecast for the ninth-largest cryptocurrency. Their prediction for ADA looks a bit bearish compared to Strejilevich’s forecasts. As reported earlier, the analysts predicted that ADA will only hit the $1 mark by 2025.
As per these analysts, ADA’s average price for 2025 could be around $1.01, while the coin’s maximum and minimum prices were pegged at $1.16 and $0.97, respectively.
As per the Strejilevich expects ADA’s surge to $33.55 represents a 985.76% surge from the coin’s previous all-time high of $3.09.
ADA’s Bullish Performance in 2023
Perhaps, ADA has recorded significant gains since the beginning of the year, rallying 125% year-to-date. Although yesterday ADA saw a massive rally surging to an 18-month high of $0.615. However, the coin plunged nearly 8.56% to $0.55 after Bitcoin retraced below $41,000.
Currently, the ADA price is hanging at $0.59 up by 6.2% over the past 24 hours. As the crypto community eagerly monitors ADA’s price movements, Strejilevich’s forecast injects excitement and anticipation into Cardano’s future.
