$8 Cardano Price Target In View As ADA Rockets Back Into Top 10 With 16% Surge

$8 Cardano Price Target In View As ADA Rockets Back Into Top 10 With 16% Surge
фото показано с : zycrypto.com

2024-11-9 20:49

In a notable development, Cardano’s ADA has reentered the top 10 cryptocurrencies by market capitalization, propelled by a substantial double-digit rally on Nov. 8 as the broader crypto market gathered momentum following Donald Trump’s win in the U.S. 2024 presidential election.

ADA Price Soars Alongside Bitcoin, Ether

After weeks of price consolidation, Cardano’s latest surge has allowed it to retake its position among the top 10 crypto club. ADA jumped above $0.44 on Friday to reach levels not seen since late July. The token has added 13.2% over the last 24 hours, outshining the rest of the market and up by 24.5% in the last week.

Cardano has among the top 10 cryptos for a while, but it was knocked out earlier this year, giving way to Telegram-linked Toncoin (TON) and then Justin Sun’s TRON (TRX). But, ADA’s latest price move has pushed it back into the limelight.

Cardano’s price growth catalyst includes a marketwide upsurge, with Bitcoin, the largest crypto by market cap, setting a record high near $77,000, buoyed by Donald Trump’s triumph in the U.S. presidential race. Trump’s victory is considered bullish for the crypto market following his vow to foster a crypto-friendly business environment.

Similarly, the total crypto market capitalization has risen by 0.8% over the last 24 hours and 9% over the last four days to hover at $2.7 trillion as of publication time.

ADA To $8?

ADA’s bullish price action on Friday positions the token for further massive gains.

One crypto pundit by the name of Javon Marks believes ADA is on the verge of a parabolic surge. He tips $2.7709 as an initial breakout target for ADA, representing a roughly 531% climb from current price levels.

In addition, the analyst says ADA could appreciate 1,700% to $7.77 based on historical patterns.

In other words, the current ADA price of 44 cents could act as a launch pad for the layer-1’s continued ascent.

origin »

Cardano (ADA) на Currencies.ru

$ 0.9482 (+0.64%)
Объем 24H $820.419m
Изменеия 24h: 2.52 %, 7d: -3.48 %
Cегодня L: $0.9393 - H: $0.9571
Капитализация $33.363b Rank 9
Доступно / Всего 35.186b ADA / 45b ADA

ada cardano reentered cryptocurrencies capitalization double-digit rally

Источник: zycrypto.com

ada cardano → Результатов: 126


Cardano’s Plomin Hard Fork: A Catalyst for ADA Growth Amidst Market Volatility?

As it moves through a dynamic crypto market and recent watershed moments become crystallized, Cardano (ADA) finds itself more and more at a point of potentially great significance. In this transitional moment, it has introduced decentralized governance, and what that really means is that ADA holders now have the power to effectively vote on major [...]

2025-1-29 22:10


Фото:

Legendary Trader Peter Brandt Says Cardano Setting Up For Monster Bull Rally After Forming Bottom

Cardano (ADA), the native governance token of the proof-of-stake layer-1 network of the same name, recently lept back above the $1 threshold – indicating robust buying momentum. Like other major cryptocurrencies, ADA has enjoyed the latest Trump-spurred upsurge, largely due to its parent company, Input Output Global (IOG) being a U.

2025-1-20 16:52


Прогноз Cardano: поднимется ли ADA до $1,50 или упадет к $0,70?

Cardano (ADA) демонстрирует рекордный рост за последние 15 месяцев. Скачок цены начался 4 ноября и совпал с переизбранием Дональда Трампа. Это укрепило оптимизм инвесторов. На недельном графике криптовалюта продолжает формировать более высокие максимумы и минимумы.

2024-12-30 17:28


Аналитик прогнозирует рост Cardano на 2288% до $6 и определяет, когда может начаться бычий забег ADA

Несмотря на то, что биткоин превысил $71 тыс. , Cardano торгуется по $0,3473, что отражает потерю 12% по сравнению с ценой месяц назад. Сегодня ADA показала рост всего на 2,2% на фоне возобновления бычьего импульса на рынке криптовалют.

2024-10-30 08:24


Фото:

Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%

In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage.

2024-9-10 13:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Cardano’s Plomin Hard Fork: A Catalyst for ADA Growth Amidst Market Volatility?

As it moves through a dynamic crypto market and recent watershed moments become crystallized, Cardano (ADA) finds itself more and more at a point of potentially great significance. In this transitional moment, it has introduced decentralized governance, and what that really means is that ADA holders now have the power to effectively vote on major [...]

All the reasons why Cardano's price might rally by 40% soon

Cardano’s symmetrical triangle pattern could lead to a major price surge or downside risk Whale activity and broader market trends will shape the altcoin's next price action Cardano [ADA] The post All the reasons why Cardano's price might rally by 40% soon appeared first on AMBCrypto.

Cardano: Assessing how ADA can rally past $2 in Q1 2025

Cardano could rally to $2.47 if it repeats past patterns and breaks resistance at $1.09.  A spike in the number of daily active addresses suggested rising interest in ADA and the Cardano netwoThe post Cardano: Assessing how ADA can rally past $2 in Q1 2025 appeared first on AMBCrypto.