The post Analysts Predict Quiet 10x for This Altcoin Before Cardano Recovers To $1 appeared on BitcoinEthereumNews.com.

While the Cardano price is on the brink of retesting the $1 target, most ADA holders are growing impatient with the market recovery on the horizon. On the flip side, IntelMarkets is making waves in the trillion-dollar market with its mind-blowing trading features and explosive presale performance. This presale project is positioned to land a whopping 9,600% rally in Q2 of 2025. Cardano Price Indicates Bullish Signals As Market Recovers The Cardano price suggests a significant bullish breakout in the coming months after slowly creating a popular bullish pattern in the network. Growing popular for its proof-of-stake currency, ADA is still facing bearish trends after facing a 50% decline from its November peak. Still, the on-chain statistics and technical signals hint at a bullish breakthrough in the upcoming weeks. According to the statistical data from Santiment, the MDIA’s mean dollar invested age has been increasing over the previous six months, which could turn things around for the Cardano price. Rising from minus 3.2 in February, the 180-day MDIA index is now at 10.68. Comparably, from the year-to-date low of 94, the 2-year MDIA indicator has surged to 103, delivering optimism for ADA. Historically, this is a common signal that goes along with big rebounds. It logs the average age of every dollar put into a coin. This indicates that the struggling Cardano price could see new avenues in the upcoming sessions. While a declining MDIA indicator shows that they are selling their coins, a rising one means a positive indication for ADA holders amid the market shift. Cardano Price Prediction: Recovers 2.5% In 24 Hours The current Cardano price hovers around $0.73, with a 2.56% surge in the last 24 hours. The altcoin has witnessed a similar surge in its market cap, which is stagnant at $25.75 billion. ADA holders…

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Filed under: News - @ March 27, 2025 9:20 am