The post Is Cardano Price Poised to Hit $2? Here’s What Experts Think appeared on BitcoinEthereumNews.com.

Key Insights: Cardano price has lost more than 19% amid a broader crypto market retreat. A top analyst predicts ADA price to hit $2, sparking market optimism. Derivatives data hints at a pullback before ADA price may rebound. Cardano price has defied the broader market trends, witnessing a slight gain yesterday and holding above the brief support level of $0.80. Notably, this comes as the broader crypto market bleeds, indicating a cautious stance of market participants. However, during writing, ADA price has lost more than 19%, further suggesting the cautious stance of traders. Amid the current dip, both Bitcoin and Ethereum prices retreated, with BTC price falling more than 7% to $112k and ETH price slipping around 13% to $3.8k. In addition, top altcoins like BNB, XRP, and Solana, among others, also stayed in the negative territory. Meanwhile, the recent momentum of ADA has sparked optimism among traders, while also reflecting the shifting market focus towards the asset. With the altcoin ETF market heating up, Cardano has gained notable traction from market watchers. Amid this, experts have also shared a bullish forecast for Cardano price, which might have further buoyed market interest. In a recent X post, a top analyst even predicted a potential ADA price surge to $2, while warning of a potential pullback before the rally. So, here we explore the recent price performance and what analysts are hoping for the future movements of ADA price. Cardano Price Slips As Crypto Market Bleeds ADA price today was down more than 19% and exchanged hands at $0.66, while its one-day volume soared 400% to $5 billion. This indicates a heavy trading activity in the market alongside a surge in the crypto’s value. Amid the current dip, the crypto has lost nearly 23% in the weekly chart, while declining about…

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Filed under: News - @ October 11, 2025 1:21 pm