Cardano ADA: Analyst Predicts New Highs Amid Ripple RLUSD Speculation
Cardano (ADA) has experienced significant volatility in early April 2025, with prices revisiting levels not seen in over four years. Analysts are now predicting potential new highs for ADA, fueled in part by speculation surrounding a possible connection with Ripple’s RLUSD. This article explores the recent price movements, analyst predictions, and the implications of Ripple’s hinted collaboration.
Analyst Claims New Highs For Cardano Price Soon
The Cardano (ADA) price kicked off the second week of April under scrutiny, circling back to levels seen over four years ago.ADA opened the week trading above $0.65 but experienced a sharp decline shortly after, touching a low of just under $0.52 on April 7. A slight rebound followed on April 8, pushing it to around $0.61.
Cardano Price Prediction: Ripple’s RLUSD Tease Sparks Speculation
Ripple may have hinted at a possible connection with Cardano after a quick flash of the $ADA logo in their new tokenization video. This has sparked talk of a possible RLUSD integration, leading to fresh price predictions and growing interest in Cardano (ADA). At the time of writing, ADA was trading at around $0.62, up 11.86% in the last 24 hours. The community is buzzing with excitement as ADA seems to be picking up momentum both on the charts and within the community.
Crypto News: Cardano’s Potential in DeFi and Trump Signs Crypto Bill
According to analyst Dan Gambardello, the cryptocurrency industry is poised for positive changes, with Cardano potentially playing a central role. A major development in the U.S. regulatory sector has also occurred with President Trump signing the first crypto-specific bill into law. The newly signed legislation targets the DeFi broker rule and marks a change in the regulatory approach to cryptocurrency in the United States. Gambardello expressed excitement about the development, stating that crypto holders have waited years for this moment.
Is Cardano’s Bounce a Bull Trap? ADA Struggles Below Key Moving Averages
Cardano (ADA) has rebounded 20% from recent lows to around $0.62, driven by improved market sentiment. However, despite the recovery, ADA remains in a broader downtrend, trading below key 50-day and 200-day moving averages. The ADA price is up 1.15% in 24 hours but still down 6.47% over the week and 14.13% over the past month. A breakout above $0.74 could signal a potential trend reversal, but strong resistance remains ahead. At the time of writing, the Cardano price is $0.620627 with a 24-hour trading volume of $1.80B.
