A cryptocurrency analyst on X has predicted a bullish future for Cardano (ADA).
Cardano is 10 times stronger than at a similar moment in the last bull cycle.
Analyst predicts ADA could reach $1 by December.
A cryptocurrency analyst on X forecasts a bullish future for Cardano (ADA), stating that the proof-of-stake blockchain’s native token is ten times stronger than at a similar point in the last bull cycle. The analyst cited several Cardano developments that have fueled bullish sentiment and increased investor confidence.
CARDANO'S Next Move Will SHOCK The Masses! (You Should Be Ready)
Intro 00:00
Is Cardano really behind? 1:05
ADA more bullish this cycle 2:55
$1 could come fast! 4:40
A couple ADA scenarios 7:40
.42 this week? 9:30
Cardano dip support 11:30 pic.twitter.com/WMe03mJo8J
— Dan Gambardello (@cryptorecruitr) October 6, 2024
The analyst explained that ADA is down about 88% from the last cycle’s high, compared to a 92% pullback before the previous cycle. This suggests the crypto asset is in a better position at this stage of the bull run than four years ago. He highlighted some developments driving Cardano’s growth and his reasons for predicting a…
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