Cardano ADA News: Analyst Predicts $8.11 ATH and Possible $10 Mark in 2025
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In a recent analysis, crypto expert Master Ananda has offered a positive outlook for Cardano’s future, predicting significant price gains for the cryptocurrency.
Cardano Price Set For $8.11 ATH In 2025
Amid the crypto market downtrend, crypto analyst Master Ananda has provided a bullish outlook for the Cardano price, predicting it can still reach a new all-time high (ATH) of $8.11. The analyst also raised the possibility of ADA reaching $10. In a TradingView post, Master Ananda predicted that the Cardano price could rally to a new ATH of $8.11 as it records “massive growth” this year. The analyst affirmed that ADA is officially in bull market territory following the completion of the first wave of the initial bullish breakout. He predicts a new wave that could send Cardano to this $8 price target.
Cardano [ADA] Hinted at Potential Rebound
Cardano’s TD Sequential indicator flashed a buy signal on the hourly chart on 28 February, hinting at a potential rebound. Despite an hourly downtrend, buying pressure followed the bullish technical signal, sparking renewed interest in the crypto’s price movement. Possible bullish or bearish scenarios have emerged, aiding strategic decisions for traders.
Cardano (ADA) Surpasses Dogecoin After 55% Surge
Cardano’s native token ADA surged by 55%, pushing it from $0.65 to almost $1 within minutes. This helped it become the eighth-largest cryptocurrency by market cap, surpassing Dogecoin. The token took the recent market-wide crash worse than many, with a 30% decline within a week. However, it defended the $0.6 support and jumped to $0.65 during the weekend. The landscape changed when US President Trump confirmed news about a crypto reserve in the US, naming XRP, SOL, and ADA as part of it.
Cardano’s 18% Slump and Falling Whale Activity Raises Concerns
Cardano [ADA] has seen a notable downturn with its price dropping by 18% over the past week. This decline is accompanied by a sharp reduction in whale activity, as the number of whale addresses has plummeted to its lowest level since January 9th. This combination raises questions about the future trajectory of Cardano, especially as market sentiment and network dynamics shift. Source: CoinMarketCap.
