ADA Price could surge to $3 if bullish momentum continues. Analysts see significant growth potential for ADA with Bitcoin’s rise.
The value of ADA has experienced a remarkable 30% increase in the past week, with its monthly growth soaring by a staggering 258%. Should the bullish trend continue, the ADA price could break new records, surpassing the $2 level and potentially reaching $2.5. The market’s strength may fuel this continued rise, and if Bitcoin achieves its $100k target, ADA could well hit the $3 mark in the near future.
The ADA price saw a notable uptick in price, rising by 5% over the past 24 hours. The cryptocurrency is currently trading around $1.20, showing promising signs of upward momentum.
On the daily chart, the Moving Average Convergence Divergence (MACD) indicator is signaling bullish activity. The MACD line (blue) has crossed above the signal line (orange), which typically indicates increasing buying pressure. Additionally, the histogram has shifted to green, reinforcing the idea that positive momentum is gaining strength. 
Cardano Price Chart By TradingView
Cardano price has gained significant attention amid the ongoing bullish market. With recent impressive price movements, analysts believe ADA could surge to $3 if its upward momentum continues, particularly if it surpasses key resistance levels and Bitcoin hits $100,000.
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