The post Cardano Price Prediction- Analyst Sees Surge to $1.6 as Charles Hoskinson Says ADA Will Outperform Bitcoin appeared on BitcoinEthereumNews.com.

Cardano price is struggling today, July 29, with a 3.7% drop in 24 hours to trade at $0.795. However, an analyst notes that this drop might just be temporary. His analysis comes at the same time that Cardano founder Charles Hoskinson has said that ADA can outperform Bitcoin. Analyst Forecasts Cardano Price Rally to $1.60 Analyst Crypto King on X remains unfazed by the recent drop in ADA price. He has come forward with a bullish Cardano price forecast that takes note of a symmetrical triangle pattern. He notes that the price is toying with the triangle’s resistance. That means that if there is a strong push, ADA might get to as high as $1.40 or $1.60. After this gain, the next stop will be a record high. He notes, “Cardano a day chart is just a bliss to watch. Imagine the pull once this level breaks out. At least 1.4-1.6$ and then ATH.” Cardano Price Chart (Source: Crypto King) Crypto King is not alone in his belief that Cardano might get to $1. Last week, a CoinGape analysis spotted a pattern suggesting Cardano could reach $1.35, especially with the news around the Glacier Airdrop. However, there is only one way that these patterns are going to play out, and this is if there is buying support. Currently, the daily swings show that there is a tussle between buyers and sellers, and this is why the Cardano price trend has not settled on either an uptrend or a downtrend. To read higher time frame ADA price prediction, you can our full length coverage in the attached link. Now that leverage is leaving the market, there might just be room for gains. In just two days, more than $6M longs have been closed. What this means is that there is room…

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Filed under: News - @ July 29, 2025 5:35 pm