Can Cardano really reach 20$+ near end of year?

[Wulan_maniez]

In recent days I have it very impressed to see the price of Cardano is very significant when bitcoin is bullish, whereas as of today bitcoin is still at $ 48k,
but Cardano the price exceeds when bitcoin bullish in the month between March-April 2021, where it is still at $ 60k. If bullish bitcoin continues to exceed 60k,
it is likely that Cardano could reach $10 near end of year. But in any case, we have to look at market conditions, whether to support it.

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[Slow death]

to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

[LUCKMCFLY]

Cardano is one of the most winning coins that are for now, at the moment it is around 2.85USD, not bad, investors are waiting to see if the price can reach usd which would be great, the technical indicators give it following:

If bulls can flip the $2.47 into support during the next pullback, it will signal strength. That will increase the likelihood of the resumption of the uptrend. The next target on the upside is $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-23-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

From how the panorama looks, it may continue to rise, perhaps the expectations of reaching 4usd seem to be clearer than to lower the price, but do not trust, although the bears are in tracking mode cannot be underestimated.

[sumant]

When we are talking about a legit project and so much hard work going behind that project, cardano is one of them but I don't think it will go 20$+ end of this year because it is currently running on 3$ want 7x marketcap to be reach 20+. It is not going to happens this year and this task will be very big for cardano because market always kill market so let's see what happens with cardano. Thank you

[LUCKMCFLY]

The price of ADA has been very volatile, many classify it as a loser, but nevertheless at the moment it is oscillating at a price of 2.73 USD, which is not bad at all because many of the bulls were believed to be asleep, but apparently having an increase of 0.63% things look much better:

On the daily chart, Cardano (ADA) has once again touched the support at $2.58. Until it is located above it, bulls keep controlling the situation on the market.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-august-25

For now I see that it is somewhat difficult to reach 20usd, however it cannot be ruled out, the bulls have been waiting, it is believed that there may be many more bullish surprises, it only remains to wait.

[FairUser]

to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

But we can sense it will hit $20 or so but haven't specified an easy time and default it to the future.
If I look at ADA in the long term, I personally don't think there is too much to doubt because it is very good and FUD is just considered superfluous for me personally, my instincts allow myself to believe in the coin. this money. Anyway, be patient instead of confusing people with this kind of information.

[LUCKMCFLY]

For now ADA is qualifying it as one of the currencies of the most losers, however the currency is for now at 2.72USD, the bulls are waiting for a movement of BTC that can confirm the bullish trend for them to make the effort and raise it. more than possible, because I imagine they do not want to get a lot of offer so as not to have losses, the technical analysis of cointelegraph shows the following:

If the price rebounds off the current level or the breakout level at $2.47, it will indicate that the sentiment remains positive and bulls are buying on dips. The bulls will then try to resume the uptrend by pushing the price above $3. If they manage to do that, the ADA/USDT pair may rise to $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-25-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

The maximum that they can reach for now according to this analysis is for 3.50USD, I think the first target that can reach is 5USD, I see something rough that reaches 20usd quickly.

[bittraffic]

For now ADA is qualifying it as one of the currencies of the most losers, however the currency is for now at 2.72USD, the bulls are waiting for a movement of BTC that can confirm the bullish trend for them to make the effort and raise it. more than possible, because I imagine they do not want to get a lot of offer so as not to have losses, the technical analysis of cointelegraph shows the following:

If the price rebounds off the current level or the breakout level at $2.47, it will indicate that the sentiment remains positive and bulls are buying on dips. The bulls will then try to resume the uptrend by pushing the price above $3. If they manage to do that, the ADA/USDT pair may rise to $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-25-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

The maximum that they can reach for now according to this analysis is for 3.50USD, I think the first target that can reach is 5USD, I see something rough that reaches 20usd quickly.

ADA analysis is already overbought. Clearly, traders are taking profit already. I can hold my stablecoin for two weeks before deciding to buy back my ADA. Its price may be good to buy right now but it's not over, I think it can still go low to $2.25 before it will bounce again to $3.50. Having a low price right now will be good for accumulation.

Charles Hopkins announcing the launch of Alonzo will be Sept 12 which is two weeks from now.

[Abiky]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Nothing is guaranteed to last for life. Tether is subject to losing its value in the future because of its utterly-centralized design. A full government crackdown or the issuer "closing up shop", could undermine the value of Tether as we speak. We should be prepared for the worst by cashing out our crypto directly into Fiat instead of a stablecoin. You'll never know when everything will go down the drain as the crypto market is widely unpredictable.

I'd assume that the whole market will crash after Tether goes to $0. That's because Tether is the one stablecoin which moves the market. Ever since the stablecoin launched, the issuer (Bitfinex) has been "printing" new coins with the aim to manipulate the market. Without Tether, the market will be doomed. Prices of major crypto assets will recover after that, albeit at a slow and steady pace. There's no need to worry about Tether since there are a wide number of options to choose from. With a decentralized stablecoin like DAI, there's no need to rely on centralized stablecoins anymore. Time will tell us whenever Tether will survive or become a failed experiment. Just my opinion

[Abiky]

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

I'd say that a price of $20 per coin is insane. It's like saying Dogecoin will reach $1 to $2 by the end of the year. What "kills" ADA is the large number of coins in circulation. ADA's total supply consists of billions of coins which is much higher than its competitors. With a price of $20 per coin, Cardano would've already surpassed Bitcoin as the largest cryptocurrency by market cap.

Besides, there are no real use cases for the platform. Without a solid ecosystem of dApps, tokens, and services, I don't see Cardano competing with big players like Ethereum and Binance Chain. As long as the cryptocurrency lacks usability, price per coin won't be going anywhere. I think ADA will reach $3 - $5 by the end of the year. Anything more than that will not be sustainable in the long run. Just my thoughts

[Joca97]

to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

I agree for ADA to reach 20$ by the end of this year is really too much,it can go really high this year,but if we look overall how ADA was doing this entire year it went from i think 0.30$ to 3$ now so it 10x in half a year and it is still going up,a really good and powerfull project.We can see maybe ADA going to 20$ in the upcoming years.

[LUCKMCFLY]

The ADA price is in a very large volatility, after having had a good price, it is around the levels of $ 2.47, it is not bad, but it is convenient to see it from every point of view if it is convenient to sell or not, although in my particular case would not sell:

The bulls will make one more attempt to push the price above the overhead resistance at $2.97.

If they succeed, the pair may rally to $3.50. The upsloping 20-day EMA ($2.29) and the RSI in the overbought zone suggest advantage to buyers.

Source: https://cointelegraph.com/news/price-analysis-8-27-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-luna

It should be noted that the price for which it can continue to fall is up to 2.29usd, we cannot put aside the other side of the story that can possibly occur, it is for this reason that it would not sell, if it still falls at that price I would be happy anyway.

[Mr.Scott]

to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

I agree for ADA to reach 20$ by the end of this year is really too much,it can go really high this year,but if we look overall how ADA was doing this entire year it went from i think 0.30$ to 3$ now so it 10x in half a year and it is still going up,a really good and powerfull project.We can see maybe ADA going to 20$ in the upcoming years.

The same words apply to me. By the end of this year, 20 dollars will be too much, since we only have four months in our hands. ADA is still maintaining its momentum, which is a positive sign. ADA should be bought, but not in the sense that you bought yesterday and are hoping for a price spike tomorrow. ADA will be back on track soon!

[NeverSop]

No one will be sure what the value of ADA can achieve, it is priced from the market basis.  ADA trends are pretty good for their own smart contract development news.  That hit a huge volume for ADA the past 2 weeks.  It's an impressive development on their promise.  But hitting $20 this year is really unlikely.  If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess

[stadus]

No one will be sure what the value of ADA can achieve, it is priced from the market basis.  ADA trends are pretty good for their own smart contract development news.  That hit a huge volume for ADA the past 2 weeks.  It's an impressive development on their promise.  But hitting $20 this year is really unlikely.  If institutional investors decide to integrate into ADA then based on market trend it could hit $8 I guess

That's a big dream that is unlikely to happen, you know, when we make a target price, we should not only consider the movement of ADA, but also the movement of other major altcoins and most especially bitcoin, because if bitcoin is bearish, then most probably ADA would just follow the trend.

[Ten98]

The same words apply to me. By the end of this year, 20 dollars will be too much, since we only have four months in our hands. ADA is still maintaining its momentum, which is a positive sign. ADA should be bought, but not in the sense that you bought yesterday and are hoping for a price spike tomorrow. ADA will be back on track soon!

In general so far Cardano has been looking very good in terms of price, so expecting a rise in the near term is pretty crazy, as Cardano is already well suited to holding in the long term, so obviously there's no need to expect a rise for the next day if you've bought in the long term a few days ago.

[Al Qiyamah]

There is a lot of speculation about the price of ADA at the end of the year, seeing from the beginning of the year ADA until now the price continues to shoot up. Even though it's too difficult to reach $20 at the end of the year but I'm sure ADA will be able to touch the price of 3-5 dollars at the end of the year.

[ZAINmalik75]

Yeh it can hit 20$ but firstly it will hit 3$ . because There are a lot of resistance which push his price downward . so if cardano bullish his price above the 3$ then it will possible that it can move to 20$. Because his team work alot on them . and there are alot of new updates coming in cardno which will help to bullish.

[adzino]

Lol funny how the thread started with "ADA is bullshit" "ADA has no potential" "I lost all my money betting on ADA" and has now taken a U turn where people are  saying ADA has a lot of potential and is one of the top coin. It is very obvious most of the people over here invests due to FOMO I guess. $20 by the end of the year? I doubt. There are almost 32 billion ADA circulating. If it goes up above $20, its going to overthrow ETH. But who knows.. After the Alonzo update, we might see more people jumping in.

[conected]

There is a lot of speculation about the price of ADA at the end of the year, seeing from the beginning of the year ADA until now the price continues to shoot up. Even though it's too difficult to reach $20 at the end of the year but I'm sure ADA will be able to touch the price of 3-5 dollars at the end of the year.

- You should know what the sin of rumors is, it's a pool of hope for the participants, they thought that this lake was filled with rare fish but the source and witness of the rumor has never been revealed, maybe a mass of people will harvest a few buckets of fish and continue fishing on this lake fish but hidden deep in the lake are water monsters, it is waiting for more people to come closer to fill its belly. More speculation about ADA, its price will fly more than expected and then the outcome of the story I am telling will appear, ADA is being hyped to attract more investors