Cardano is predicted to reach $10 when whale activity is strong
The prediction that Cardano (ADA) could reach a price of $10 depends on many factors, including the activity of whales and market sentiment. Currently, Cardano has surpassed the $1 threshold and is in an accumulation phase, setting the stage for a stronger price surge. According to analysts, if this trend continues, ADA could aim for a price range of $5 to $10, especially with support from large investors (whales) with up to 3.2 billion ADA worth millions of dollars recently accumulated.
The increase in positive sentiment in the cryptocurrency market, along with Bitcoin potentially reaching nearly $100,000, is also seen as a potential factor driving ADA's price up in the future. Data shows that Cardano's market capitalization has increased by more than 30% in just the past week, reinforcing investors' expectations about the long-term growth potential of this cryptocurrency.