Cardano has been in the spotlight a lot lately, and the trend continues due to the various achievements that the project has been making. Check out some bullish new price predictions about the digital asset ADA.
NewsBTC just noted that after it was able to break in the crypto top 10 by market cap and with 3.597% gains over the past year, Cardano (ADA) seems to be laying low.
At the time of writing, ADA trades at $1,30 with 6.82% profits in the daily chart.
Bullish ADA price predictions
Cardano’s ADA and its platform are moving towards a major milestone, NewsBTC writes. The online publication notes that ADA targets a Q3 entry into DeFi with Hard Fork Combinator Alonzo.
Bullish investors are sure to see ADA’s further appreciation.
The same online publication mentioned above notes that analyst Justin Bennett claims this token next rally will happen by the end of April.
It’s been also revealed that not too long ago, Bennet said to be building a “sizeable” ADA position and set support at $1.10 to $1.30.
“Over the next month’s, according to the analyst, ADA could go as high as $10,” the online publication notes.
He said that ADA moving sideways is an indication of a “fair game”, a sign that ADA’s price is not overvalued.
Bennet added the following:
“ADA moving sideways for 6 weeks tells me the market doesn’t believe it’s overvalued at all. I don’t buy markets that are going vertical. I buy markets that went vertical recently and have since gone sideways for over a month. That’s a recipe for the next leg higher.”
Revolut added ADA on the platform
Now, it’s been revealed that Revolut just added Cardano (ADA) to the platform.
“You asked for new tokens, we’ve delivered. We’ve been tracking hot tokens and top movers to bring our UK and EU customers eleven new cryptocurrencies,” according to official notes.