
Cardano (ADA) Price Super Cycle Predicted by Top Analyst: Crypto News Digest
A top crypto analyst has predicted that Cardano’s price will enter a “supercycle” characterized by sustained upward movement and minimal retracements. According to the prediction, ADA is on the verge of breaking its previous resistance levels at $3, $7, and $14.
The forecast comes from Gambardello, a respected trader with over 10 years of experience in the cryptocurrency market. In his latest analysis, Gambardello expressed confidence that Cardano’s price will reach these milestones, citing recent trends observed on the daily chart.
Gambardello emphasized that ADA is poised to break its previous resistance levels at $3, $7, and $14, stating that “The Cardano milestones of $3, $7, and $14 do not look far at all.” He believes that this supercycle will be characterized by minimal retractions, indicating a sustained upward movement.
It’s worth noting that Gambardello has been consistently accurate in his predictions over the years. His previous calls on ADA have seen significant accuracy, which may lend credibility to his current forecast.
ADA is currently consolidating between $1.00 and $1.17, trading at $1.07 at the time of writing, representing a 2.07% decline over the past 24 hours, according to CoinMarketCap data.
The market will be closely monitoring Gambardello’s prediction as it unfolds, especially considering the cryptocurrency’s recent price action.
Source: u.today