Cardano ($ADA) ‘Is Ready To Run to $5’, Says Crypto Analyst
Prominent crypto analyst and trader Michaël van de Poppe, who believes that Cardano’s $ADA token is “strongest coins out there”, recently explains how the $ADA price could hit $5 in the near future.
In a video released on his YouTube channel on August 11, he looked at $ADA’s recent price action using technical analysis, and had this to say:
“What is the target zone if Cardano is going to continue moving? That is very simple. We are looking at a continuation with Fibonacci extension… The next target zones for Cardano in a new impulse wave is $3.35 and $5.00… Is Cardano ready for the run to $5? Yes, I think so. I think the market is heating up for another big wave…“
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