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Cardano Price Prediction: Is ADA Poised for New Highs

Lokesh Gupta Lokesh Gupta Calendar 28-02-2024
ADA price Prediction

Cardano Price Prediction 2025 estimates a range of $1.50

  • $ADA price is maintaining support around $0.600 against the US Dollar, similar to Bitcoin.

  • Aiming for a new rise from the $0.565 zone against the US Dollar, $ADA could gain bullish momentum upon surpassing the $0.650 resistance level.

  • If #Cardano breaches the pivotal $0.68 level, a crucial breakout could occur, potentially leading to new price highs.

  • Additionally, the formation of a cup and handle pattern suggests a target range exceeding $1.16, with further upside potential toward $2.15.

  • As per Coingabbar's analysis, #Cardano price prediction 2030  might approach $5.

  • According to Coingabbar's Prediction, Cardano price prediction 2040 might hit $20.

KEY LEVELS :

RESISTANCE LEVEL : $0.6800-$0.7000

SUPPORT LEVEL : $0.6100-$0.5700

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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