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

[LUCKMCFLY]

Updated:

This time only one day passed for ADA to fall by 17%, it is listed as one of the currencies that has lost the most, at least BTC is on the rise, this may be normal because whenever BTC rises most altcoins go down, If BTC is confirmed to be in a bullish trend, the ADA recovery will be impressive, in the short term we have this analysis:

According to the chart, Cardano (ADA) is trading similarly to XRP, making a false breakout of the $1.76 zone. Even though the selling trading volume remains low, the historical level of $1.33 may be achieved shortly as bulls are running out of power.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-may-21

In the short term, the bulls find it difficult to raise the currency, but as I said before, it is a matter of waiting to see how BTC continues to develop.

[Why you bully me]

Updated:

This time only one day passed for ADA to fall by 17%, it is listed as one of the currencies that has lost the most, at least BTC is on the rise, this may be normal because whenever BTC rises most altcoins go down, If BTC is confirmed to be in a bullish trend, the ADA recovery will be impressive, in the short term we have this analysis:

According to the chart, Cardano (ADA) is trading similarly to XRP, making a false breakout of the $1.76 zone. Even though the selling trading volume remains low, the historical level of $1.33 may be achieved shortly as bulls are running out of power.

Source: day/btc-eth-xrp-and-ada-price-analysis-for-may-21]https://[Suspicious link removed]day/btc-eth-xrp-and-ada-price-analysis-for-may-21

In the short term, the bulls find it difficult to raise the currency, but as I said before, it is a matter of waiting to see how BTC continues to develop.

thanks for all the help

[LUCKMCFLY]

ADA has had a greater surge not as much as XRP but if up to 4%, I think ADA can give more, that is why the bulls are taking all the effort to maintain and boost the ADA movement:

Cardano (ADA) has fixed above the support at $1.33 and is gathering power for a possible continued rise according to a low buying trading volume. In this case, the altcoin may get to the resistance level at $1.79 by the end of the week if bulls keep controlling the situation.

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

The market has been benevolent, and is giving unique opportunities at least with ADA, in this case those who bought in the dip are making short-term profits, in the long term things are likely to improve even more.

[Fredomago]

ADA has had a greater surge not as much as XRP but if up to 4%, I think ADA can give more, that is why the bulls are taking all the effort to maintain and boost the ADA movement:

Cardano (ADA) has fixed above the support at $1.33 and is gathering power for a possible continued rise according to a low buying trading volume. In this case, the altcoin may get to the resistance level at $1.79 by the end of the week if bulls keep controlling the situation.

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

The market has been benevolent, and is giving unique opportunities at least with ADA, in this case those who bought in the dip are making short-term profits, in the long term things are likely to improve even more.

Lucky for those who managed to buy this while the market went down, from that support barrier traders who place their entry and make a good amount of coins during the last week fall are now enjoying the benefits.

Currently staying @ $1.52 good enough for traders who make some money doing scalp, small percentage of increase then rinse it again,
keep repeating while there's an open opportunities.

There good and experienced traders who hold portions of their assets for long-term and use some of their fund to take advantage of this kind of opportunities.

[affandi]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

[Xinarae*]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

How much the price of currencies in the market will go up will usually depend on their demand depending on the bitcoin currency at the market cap, the price of other altcoins continues to rise. It is difficult to say exactly how much the ADA will go but if cardano's demand continues to grow in this way it will go up a lot in the end.

[btc78]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

[southerngentuk]

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

[ChaoChibai]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

I absolutely agree with you, I dont think Cardano would even break $20 in the end of this year. In my opinion, that was so impossible to happen.
Even bitcoin and another top rank altcoins is on bloodbath now, so $20 will not gonna make it.

[rodskee]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

yes 10$ is the maximum capacity of ADA(Cardano) to reach this 2021 because it has been recovering from the dip this mid of 2nd quarter but of course ADA will take it back easily now.

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

practically ? i agree with you , OP is very exaggerating when he Made this post and i think that is not the right way to address if you are a true supporter because you even misleading yourself if this is your point of view.

[electronicash]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

yes 10$ is the maximum capacity of ADA(Cardano) to reach this 2021 because it has been recovering from the dip this mid of 2nd quarter but of course ADA will take it back easily now.

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

practically ? i agree with you , OP is very exaggerating when he Made this post and i think that is not the right way to address if you are a true supporter because you even misleading yourself if this is your point of view.

until there is no smartcontract for this coin, it may not really go up to $10, they do have the plan to release an update for alonzo which the smart contract will already be ready. by the time of release i might just be buying some ADA, it will spike a bit after the release and then the market will decide which way it may go. if most investors are disappointed, the drawback will make the price crash.

[husnija]

until there is no smartcontract for this coin, it may not really go up to $10, they do have the plan to release an update for alonzo which the smart contract will already be ready. by the time of release i might just be buying some ADA, it will spike a bit after the release and then the market will decide which way it may go. if most investors are disappointed, the drawback will make the price crash.

it makes sense to come close $10, indeed many people are favorites ADA but we're talking in the near future and it's perfectly reasonable if smartcontract available
the project has never been a disappointment so far

[monineklutak]

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

That is a very good idea because I don't think we should make excessive expectations,
therefore we have to be realistic in seeing things and I think that is a good thing,
but indeed in any cryptocurrency it can happen and is difficult to predict so just keep on monitoring its development

[FairUser]

I'm glad that many people can think so positively, I personally like facts and not illusions. The price at which I predict ADA will end this year will not exceed $5. No need to analyze too much about it, because it's just a personal guess but very realistic

[TeQuiero]

I'm generally not a fan of Cardano but seeing its performance in the last few months makes me change my mind a little bit. I believe Cardano will be no.2 blockchain after Ethereum when mainnet and smart contract released but $20+ price tag at the end of this year is unlikely, especially when bitcoin is unstable. Let's see bitcoin's movements in the next couple of months before giving any prediction.

[affandi]

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?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

yes I know there have been a lot of FUD storms this week and to reach the price of $10 is not easy especially within one year, I have said above there must be various aspects that must be achieved such as volume, Marketcap, and bitcoin price

[southerngentuk]

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

That is a very good idea because I don't think we should make excessive expectations,
therefore we have to be realistic in seeing things and I think that is a good thing,
but indeed in any cryptocurrency it can happen and is difficult to predict so just keep on monitoring its development

Yeah, I understand the point of it, and what it's doing, I don't think it deserves so much acclaim. To me, this coin is still among the coins with great potential for future growth, because as far as we know about it, the ecosystem they have until now is still a disappointment. Maybe in the future when they deploy more aggressively will attract more development projects, but not for now. Seriously, at the current price, I still think it's a high valuation for this coin.

[Ararbermas]

20$ seems too much mate for cardano before this year end and there's no way it will rocketed to that level in just a short period in my view, since market still down wherein unless if market becomes fully recovered within months and makes good improvements but not that high for ADA perhaps 5$ is reasonable price before year end in my opinion..

[LUCKMCFLY]

I think that Cardano is slowly approaching a good bullish rally, so far many highs are falling due to the uncertainty of BTC but ADA is responding to these facts with + 2%:

Cardano (ADA) keeps trading sideways as neither bulls nor bears have seized the initiative. However, on the daily chart, the selling trading volume is going down, which means that bears are losing their power. In this case, one can expect a retest of the resistance at $1.87 soon.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-june-1

I know that everyone hopes that at the end of the year it will reach a very good ADA price, if it continues with these answers it is very likely that it will, the bulls are giving everything they have to see the price of ADA at great price levels, in addition that the community that accompanies him is very large.

[jorgesalcedo]

ADA's place in the top 5 in the general market is very solid. They have great technology and they were in 3rd place the previous day. At the moment, the possibility of $ 20 is impossible, but in the coming years, ADA will always be on top. It may meet its $20 target one day.