Crypto analyst CoreCrypto has identified a bull flag-like structure suggesting a potential 50% surge in Cardano's price. He recommends buying ADA now, setting targets at $1.08, $1.24, $1.36, and $1.49, and advising a stop loss at $0.92. This is seen as a great opportunity for traders.
The bullish outlook is reinforced by whale accumulation, with over 130 million ADA coins recently bought. IntoTheBlock data highlights a 5% rise in large transactions, suggesting strong demand and usage of the Cardano network. This supports the anticipated price rise.
Crypto analyst Dan Gambardello predicts a potential rally up to $10 for Cardano. Following ADA's cross over the $1 mark, a consolidation phase could precede a focus on a rally to $5 and then $10, showing confidence in the long-term growth of Cardano.
Crypto analyst Sebastian also views Cardano as promising, anticipating a price breakout soon. At $1.06, the Cardano price is up over 5% in the last day, indicating strong market performance and optimism from investors regarding future growth.
