Analysts are indeed predicting a significant rally for Cardano, with some expecting a 100% surge. While $2 is a potential target, some analysts are even more optimistic, predicting prices as high as $6 to $15.¹
Currently, Cardano is trading at around $1.06, with a 24-hour trading volume of $6.7 billion. The coin's technical indicators are showing a strong bullish trend, with a golden crossover and a positive crossover between the 100-day and 200-day EMA lines.²
Some analysts believe that Cardano's price could surge to $8 by 2025, driven by favorable market conditions and an anticipated altseason.³ However, it's essential to keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
*Key Price Targets:*
- _Short-term:_ $1.35, with a potential breakout to $1.92 or even $2.00
- _Long-term:_ $6 to $15, with some analysts predicting prices as high as $8 by 2025