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LEO
@vuongtt
Cardano ADA Price Surges 27%: $5 a Possibility? | Cardano ADA has increased 27% over the past month, currently trading at $0.80 after recovering from $0.71. Analysts note the positive momentum indicated by its relative strength index (RSI). Predictions suggest it could reach $1 if it breaks the $0.81 resistance level, supported by bullish activity from whales, including a recent transaction of 70 million ADA on Coinbase. Increased trading volume by 5% and potential ETF developments could further boost its price. Experts believe that if a Cardano ETF launches in 2025, prices could increase significantly, possibly reaching $3-$5. Currently, CoinCodex projects a 149% increase in ADA's price to $1.89 by December 2040, highlighting a favorable buying opportunity amid a neutral market sentiment.
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