the price prediction of ADA talks about a new ATH at $3
The post the price prediction of ADA talks about a new ATH at $3 appeared on BitcoinEthereumNews.com.
Cardano seems to continue the November crypto rally, with analysts discussing the price prediction for ADA of $3. This milestone represents a new all-time high (or All-Time High – ATH) for ADA, and it has been described by analysts in terms of time and manner to achieve it. Cardano and the price prediction for ADA at $3: how and when will it be reached? Analysts are expressing their views on the fate of Cardano, stating their price prediction for ADA at $3. This threshold represents a new all-time high for ADA. To cite this prediction, first and foremost, there is the analyst Dan Gambardello who on X shared his thoughts: Cardano has a lot going for it right now. But on top of it all, if Cardano has similar ETF news as $XRP, please take note how fast $ADA hits $3. — Dan Gambardello (@cryptorecruitr) December 2, 2024 In practice, according to Dan Gambardello, Cardano (ADA) is potentially capable of seeing its November crypto rally strengthen shortly. On one hand, the analyst affirms the qualities of the crypto project and on the other its potential to become the subject of a new ADA spot ETF in the USA. Dan Gambardello’s theory is based on what recently happened to Ripple (XRP), with WisdomTree that has formalized its application for issuing an XRP spot ETF in the USA. The S-1 form is now in the hands of the United States Securities and Exchange Commission (SEC), awaiting approval. This led XRP to skyrocket in price, recording a pump of +80% in just the last seven days and +411% in the last 30 days, before the USA presidential elections. In any case, Dan Gambardello argues that even if Cardano were to see a new ETF demand for spot ADA in the hands of the…
Filed under: News - @ December 4, 2024 1:21 pm