Cardano Bull Dan Gambardello Sets Timeline for ADA to Hit $3
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Dan Gambardello, the founder of Crypto Capital Venture, is bullish on Cardano (ADA) breaking new price levels as early as January. Gambardello, in an X post, says ADA could hit $2 based on the “cycle data.” Path to $3: Gambardello’s cycle analysis Gambardello maintains that Cardano’s spike to $2 will occur faster than the market anticipates. He believes that, based on technical analysis, historical price cycles, upgrades or other macroeconomic factors, ADA could hit $2 in the near term. The Cardano pump to $2 will likely be here sooner than most people realize. And according to cycle data, the pump back to $3 could realistically occur by January 10. Since I’m usually slightly early with these things, let’s say January 24th. — Dan Gambardello (@cryptorecruitr) December 10, 2024 Related “According to cycle data, the pump back to $3 could realistically occur by January 10,” Gambardello stated. This suggests that ADA could achieve new price levels within the second week of the first month of 2025. During its bull run, ADA last reached the $3 level Gambardello pegged in August 2021. However, to stay conservative, Gambardello has adjusted his timeline for ADA to hit $3 to Jan. 24. This timeline allows for possible delays in market reaction or if Cardano’s momentum experiences a slower-than-expected price surge. Current performance and…
Filed under: News - @ December 10, 2024 7:18 pm