Cardano (ADA) could reach $10 in this cycle, according to TOP analysts

Cardano (ADA) is currently receiving attention from many cryptocurrency analysts, especially in the context of its price having surpassed the $1 mark. There are varying predictions about the potential to reach $10 in the current market cycle. Analyst Dan Gambardello believes that if ADA maintains its current upward momentum, it could reach $5 or even $10. However, he also emphasizes that this is a necessary accumulation phase before a stronger price surge.

In contrast, some other analysts like Jason Pizzino are more pessimistic, arguing that ADA lacks the strength to achieve new all-time highs in this cycle. He points out that if ADA can reach $10, it still requires significant consolidation and momentum from the market. Meanwhile, DustyBC Crypto offers a more optimistic outlook, predicting that ADA has the potential to reach $12 or even higher in this cycle.

In summary, the possibility of Cardano reaching $10 depends on various factors such as market sentiment, the actions of major investors, and the overall strength of the cryptocurrency market.