Could Cardano (ADA) Hit $10 This Bull Cycle?
Renowned crypto analyst Lark Davis has predicted that Cardano (ADA) could surge to $10 before the conclusion of the current bull cycle. Davis attributes this ambitious forecast to the increasing attention Cardano has garnered and its recent upward price momentum.
Cardano Poised for a Massive 800% Rally
In his analysis, Davis highlights the potential for an 800% price increase, driven by technical indicators and the overall bullish trend in the cryptocurrency market. He emphasizes that Cardano's strong performance over the past month, where ADA gained an impressive 213%, is a precursor to even greater price movements. Analysts foresee ADA targeting $4.80 to $7.70 in the short term, with $10 emerging as a longer-term goal.
Fibonacci Levels Supporting Cardano’s Ascent
Cardano’s recent price movement aligns with key Fibonacci extension levels, suggesting a calculated path forward. According to Davis, ADA’s next
