Cardano Price Prediction 2025: Here Are the Bullish and Bearish Scenarios for ADA Rise
Cardano Price Prediction 2025: Here Are the Bullish and Bearish Scenarios for ADA Rise appeared first on Coinpedia Fintech News.
Cardano is a third-generation chain, built to overcome the shortcomings of primitive chains. With a broad use case, ADA price was expected to closely follow Bitcoin or at least Ethereum. Unfortunately, the price was able to reach a high of $3 and is now struggling to regain $1 after facing a notable rejection from the highs of $1,327. Market participants remained pessimistic about Cardano’s price rise and shifted their focus away from the token.
Meanwhile, the current pullback provides a good entry point, as ADA’s price rise is expected to rise further.
The recent surge in ADA price has also attracted significant social sentiment. According to social intelligence platform, Luna Crush, Cardano’s social activity across crypto markets is on the rise further. The price has seen an increase of over 5%, and social activity has increased by over 2.35%. However, the price is hovering around a pivotal support around $0.92, where bullish hopes above $1 may revive.
What's next for ADA price? Will it make a new high in 2025?