Cardano (ADA), valued for its scientific approach, is the focus of this analysis. We examine ADA’s price prediction with insights from our premium environment.
For just 1 euro you get access to our premium content for the first 30 days and earn direct money with our analysts and 1,500 active members. Please note: Our analysts are not financial advisors.
Technical analysis of Cardano (ADA) price
Crypto Insiders analysts had recently identified a new green buy zone. We now know that the price has risen sharply from this green area, just as analysts recently predicted:
“Cardano (ADA), like many other coins in the market, is showing a positive trend. We recently reached the green buy zone between $0.55 and $0.57 and expect a significant upward move from this point.
Our analysis suggests the formation of a “12345 Elliott Wave” pattern. This pattern suggests that a correction may also be imminent alongside the expected rise. However, such a decline would not necessarily be negative; it actually provides an additional opportunity to expand our position in ADA.
Longer term, we are optimistic and expect a significant uptrend that could push the price of ADA towards $1. This shows that investors can benefit from both the upsides and the temporary dips.”
Good news for Dutch crypto traders
The new partnership between Bybit and SATOS, which has a license from the Dutch bank, gives Dutch traders access to 400 new cryptocurrencies. Bybit offers the largest range of cryptocurrencies in the Netherlands. Don’t have a Bybit account yet? Register using this link and receive 20 euros in crypto as a welcome gift.
Do you need help?
In our premium environment you will find our extensive trading plan with the latest updates. As a Premium Member, you enter a safe place where traders of all experience levels share knowledge. Ask experienced analysts and top traders about trading, market trends and crypto topics in a lively community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.
Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes.
