
**ADA to Flip DOGE & USDC? Analyst Predicts $7 Target for Cardano**
In a recent analysis, Michaël van de Poppe hinted at the possibility of Cardano (ADA) entering its turbulent phase. At the time, he emphasized that the $0.74-$0.98 range is a critical support zone for the asset.
As we’ve previously reported, ADA has successfully broken out of an old consolidation range and gained fresh momentum to breach the upper boundary of the $0.96-$1.25 range. This significant development has led many analysts to reevaluate their predictions for the cryptocurrency’s future trajectory.
In a surprising turn of events, analyst Michaël van de Poppe is now predicting that ADA could potentially flip both DOGE and USDC in terms of market capitalization. If his forecast materializes, it would mean that Cardano surpasses both Dogecoin (DOGE) and USD Coin (USDC) to become one of the top cryptocurrencies by market cap.
The analyst has also predicted a price target for ADA at $7, which is significantly higher than its current market value. While this prediction remains speculative until it’s confirmed by actual market activity, it does highlight the growing potential of the Cardano project and its underlying cryptocurrency.
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Source: http://www.crypto-news-flash.com