Cardano's ADA Eyes $1 Bullish Analyst Predicts Surge

  • ADA will witness a green October, predicted crypto analyst Dan Gambardello.

  • Gambardello added that the cryptocurrency will reclaim $1 “with haste.”

  • ADA is up 8.75% in the past seven days amid a recovering market.

ADA, Cardano’s native token, could reach $1 by the end of this cycle, says ADA bull and crypto analyst Dan Gambardello. For Gambardello, the token has set up a “great and normal technical setup” since going through a “phenomenal throwback to a colossal triangle pattern.”

In an X post (formerly Twitter), Gambardello noted that the altcoin is about to enter a green October and predicts ADA will reclaim $1 quickly.

Using the chart, the crypto analyst highlighted that ADA has a support level around the $0.21 and $0.24 price levels and a retest of the same would push the prices higher.

Read also: ADA Holders Gain Voting Power in Cardano’s Latest Upgrade

Cardano has several key milestones on the horizon including the Voltaire upgrade, the Chang hard fork, and the drafting of the Cardano Constitution. Explained by Cardano creator Charles Hoskinson, the hard fork will introduce the much-awaited governance features of the to create one of th…

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