קריפּטאָ אַנאַליסט פּרידיקס קאַרדאַנאָ ראַלי צו $ 3 ווי פּרייַז ריטשאַז 'לעצט שטיצן טעסט'

קריפּטאָ אַנאַליסט טרענד רידער has drawn Cardano (ADA) holders’ attention to the crypto token’s potential to experience a significant price rally soon enough. Based on Trend Rider’s analysis, קאַרדינאָ could rise to as high as $3 when this happens. 

Cardano To Rise To $3 If History Repeats Itself

Trend Rider mentioned in an X (formerly Twitter) פּאָסטן that if history repeats itself, Cardano might be on the brink of its “ultimate support test” before it makes a parabolic move to the upside. He further suggested that the crypto token could soar to $3, considering the same happened in October 2020 when Cardano’s price dipped to $0.10 and skyrocketed to $3 דערנאָכדעם.  

The crypto analyst also revealed that קאַרדינאָ was currently experiencing a bullish קאָרעוו סטרענגטה אינדעקס (RSI) crossover and retest, which could mean it was indeed gearing up for another parabolic move. This RSI crossover is an indicator that “perfectly predicts bull and bear markets for ADA.”

מקור: X

Meanwhile, in an earlier X פּאָסטן, Trend Rider explained how crucial it was for Cardano to hold its current support level. According to him, ADA’s price is “right now at an extremely critical level, and if it fails to hold its current support zone, then it could fall quickly to $0.25.” However, if Cardano manages to hold above this support level, then this could be the “exact bottom right now” before it rises to $1, Trend Rider claimed. 

Trend Rider further elaborated that Cardano’s next move will depend “entirely” on what Bitcoin does. He predicts that altcoins like Carano will experience a “monstrous bounce” if the flagship crypto rises above $65,000 after its current price dip. However, if Bitcoin’s price continues to dip, then it is “bear market mode,” Trend Rider added. 

Cardano Won’t Be In The Red Forever 

Crypto analyst Alan Santana has provided some form of optimism to ADA holders, סטייטינג that the crypto token won’t be red forever. He made this statement while acknowledging that Cardano has maintained a בעריש דערוואַרטונג, having been in the red for seven weeks now. Despite that, he remains bullish on the crypto token’s future trajectory as he predicts that Cardano will experience a “big green” in the “latter part of 2024 and most of 2025.”

Santana also noted that this was an excellent time to accumulate for those who intend to enjoy the “entire bullish wave.” For those looking to invest in ADA long-term, the crypto analyst highlighted the price range of $0.40 and $0.45 as a good “buy zone.” That is also the price area Santana had פריער פּרעדיקטעד Cardano could drop to in its bid to find support.

At the time of writing, Cardano is trading at around $0.45, down almost 2% in the last 24 hours, according to דאַטע פֿון קאָינמאַרקעטקאַפּ. 

ADa price struggles to hold $0.45 | Source: ADAUSDT on Tradingview.com

פיטשערד בילד פון די דיילי האָדל, טשאַרט פון Tradingview.com

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