{"id":610642,"date":"2024-05-31T01:00:47","date_gmt":"2024-05-31T01:00:47","guid":{"rendered":"https:\/\/wncen.com\/?p=610642"},"modified":"2024-05-30T12:31:53","modified_gmt":"2024-05-30T12:31:53","slug":"cardano-price-prediction-8300-38","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano\/cardano-price-prediction-8300-38\/","title":{"rendered":"Cardano Price Prediction: Crypto Pundit Forecasts 8,300% Rally To $38, Here\u2019s When"},"content":{"rendered":"<p><a href=\"https:\/\/wncen.com\/news\/bitcoin\/analyst-predicts-bitcoin-rally-to-45000-before-pullback\/\"><span style=\"font-weight: 400\">Crypto analyst Nick<\/span><\/a><span style=\"font-weight: 400\"> of the Cheeky Crypto YouTube channel has provided an ultra-bullish prediction for <\/span><a href=\"https:\/\/bitcoinist.com\/bullish-cardano-metric-signals-upcoming-75-rally-toward-1\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Cardano (ADA)<\/span><\/a><span style=\"font-weight: 400\">. The analyst also outlined factors that he believes could drive Cardano\u2019s price to such heights.\u00a0\u00a0<\/span><\/p>\n<h2>Cardano Could Rise To $38 At Some Point<\/h2>\n<p><span style=\"font-weight: 400\">In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that <\/span><span style=\"font-weight: 400\">Cardano<\/span><span style=\"font-weight: 400\"> could rise to $38 at some point in the future, although he admitted that it won\u2019t be anytime soon. He highlighted Cardano\u2019s <\/span><a href=\"https:\/\/bitcoinist.com\/cardano-partnership-bitcoin-cash\/#:~:text=Cardano%20Founder%20Considers%20Partnership%20With%20Bitcoin%20Cash%20%E2%80%93%20What%20Is%20It%20About%3F&amp;text=Cardano's%20(ADA)%20founder%2C%20Charles,ahead%20of%20networks%20like%20Bitcoin.\" rel=\"nofollow\"><span style=\"font-weight: 400\">technological advancements<\/span><\/a><span style=\"font-weight: 400\"> as one factor that could drive the crypto token to such heights.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/shiba-inu\/shiba-inu-open-interest-85-15\/\">Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important<\/a><\/div>\n<p><span style=\"font-weight: 400\">The crypto analyst further claimed that, despite <\/span><a href=\"https:\/\/bitcoinist.com\/cardano-sell-all-their-ada\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">criticisms about Cardano<\/span><\/a><span style=\"font-weight: 400\">, the network is well-positioned to become one of the <\/span><a href=\"https:\/\/bitcoinist.com\/cardano-dominates-development\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">leading chains<\/span><\/a><span style=\"font-weight: 400\"> because it boasts a technology built with the future in mind. As such, he believes that ADA has a good chance to stand the test of time and rise to $38 no matter how long it takes to attain such a price target.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Interestingly, <\/span><a href=\"https:\/\/bitcoinist.com\/cryptocurrency-personality-cryptocrow-will-have-a-show-on-cbs\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">crypto expert Jason Appleton<\/span><\/a><span style=\"font-weight: 400\"> believes that Cardano could come close to this price target of $38 in this bull run. He once <\/span><a href=\"https:\/\/wncen.com\/news\/cardano\/cardano-will-rise-to-32\/#:~:text=Cardano's%20DeFi%20Landscape%20Could%20Be%20The%20Trigger&amp;text=He%20noted%20that%20it%20would,impressive%20growth%20in%20this%20regard.\"><span style=\"font-weight: 400\">predicted<\/span><\/a><span style=\"font-weight: 400\"> that the crypto token would reach $32 in this market cycle. He claimed this price level is attainable in the \u201cmost prime of conditions by the peak of this bull market cycle.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Nick highlighted the range between $5 and $12 as his \u201cconservative\u201d price targets for Cardano. He believes that the crypto token could rally to such heights soon enough, considering that altcoins are well primed for significant gains, especially given the run that Bitcoin and, more recently, Ethereum have had.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">He added that the news around the <\/span><a href=\"https:\/\/bitcoinist.com\/eth-price-spot-ethereum-etfs\/#:~:text=It%20is%20worth%20noting%20that,that%20approval%20was%20almost%20likely.\" rel=\"nofollow\"><span style=\"font-weight: 400\">Spot Ethereum ETFs<\/span><\/a><span style=\"font-weight: 400\"> could trigger these moves for Cardano and other altcoins. Meanwhile, Nick is also optimistic that Cardano will soon have its own ETF following the approval of the Spot Ethereum ETFs. The launch of a Cardano ETF is another factor he believes could trigger such rallies for the crypto token.\u00a0<\/span><\/p>\n<h2>Patience Remains The Name Of The Game<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/parabolic-surge-for-cardano\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Dan Gambardello<\/span><\/a><span style=\"font-weight: 400\">, the founder of Crypto Capital Venture, suggested in a recent X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/cryptorecruitr\/status\/98760701\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> that patience is key as <\/span><a href=\"https:\/\/bitcoinist.com\/cardano-sell-all-their-ada\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">ADA holders<\/span><\/a><span style=\"font-weight: 400\"> await a significant rally from the crypto token. He reassured investors that Cardano would still have its bull run in this market cycle.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin\/shiba-inu-strength-dogecoin\/\">Shiba Inu Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin<\/a><\/div>\n<p><span style=\"font-weight: 400\">The analyst noted that Cardano was in a similar situation in the last cycle when it was down 90% from its <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-breaks-through-69000-setting-new-record\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">all-time high (ATH)<\/span><\/a><span style=\"font-weight: 400\">. However, things turned around in the twinkle of an eye with the crypto token going on to enjoy a 3,000% price gain, rising from $0.10 to $3. He believes that Cardano could make such a run or even better in <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-market-glassnode\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">this cycle<\/span><\/a><span style=\"font-weight: 400\">, noting that Cardano is more \u201csecure, decentralized, and scalable,\u201d this time around.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/hBsxaE2p\/\" alt=\"Cardano price chart from Tradingview.com\" width=\"3286\" height=\"1576\"><figcaption class=\"wp-caption-text\">ADA bears take control of price | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">ADAUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Nick of the Cheeky Crypto YouTube channel has provided an ultra-bullish prediction for Cardano (ADA). The analyst also outlined factors that he believes could drive Cardano\u2019s price to such heights.\u00a0\u00a0 Cardano Could Rise To $38 At Some Point In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that Cardano could rise to $38 at some point in the future, although he admitted that it won\u2019t be anytime soon. He highlighted Cardano\u2019s technological advancements as one factor that could drive the crypto token to such heights. Related Reading: Shiba Inu Open Interest Explodes 85% Amid 15% Price Jump, Why This Is Important The crypto analyst further claimed that, despite criticisms about Cardano, the network is well-positioned to become one of the leading chains because it boasts a technology built with the future in mind. As such, he believes that ADA has a good chance to stand the test of time and rise to $38 no matter how long it takes to attain such a price target.\u00a0 Interestingly, crypto expert Jason Appleton believes that Cardano could come close to this price target of $38 in this bull run. He once predicted that the crypto token would reach $32 in this market cycle. He claimed this price level is attainable in the \u201cmost prime of conditions by the peak of this bull market cycle.\u201d Meanwhile, Nick highlighted the range between $5 and $12 as his \u201cconservative\u201d price targets for Cardano. He believes that the crypto token could rally to such heights soon enough, considering that altcoins are well primed for significant gains, especially given the run that Bitcoin and, more recently, Ethereum have had.\u00a0 He added that the news around the Spot Ethereum ETFs could trigger these moves for Cardano and other altcoins. Meanwhile, Nick is also optimistic that Cardano will soon have its own ETF following the approval of the Spot Ethereum ETFs. The launch of a Cardano ETF is another factor he believes could trigger such rallies for the crypto token.\u00a0 Patience Remains The Name Of The Game Crypto analyst Dan Gambardello, the founder of Crypto Capital Venture, suggested in a recent X (formerly Twitter) post that patience is key as ADA holders await a significant rally from the crypto token. He reassured investors that Cardano would still have its bull run in this market cycle. Related Reading: Shiba Inu Price Prediction: SHIB Shows Unusually High Strength Against Dogecoin The analyst noted that Cardano was in a similar situation in the last cycle when it was down 90% from its all-time high (ATH). However, things turned around in the twinkle of an eye with the crypto token going on to enjoy a 3,000% price gain, rising from $0.10 to $3. He believes that Cardano could make such a run or even better in this cycle, noting that Cardano is more \u201csecure, decentralized, and scalable,\u201d this time around.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":610658,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,89347,84005,14643,79508,167,12332,89230,12329,6664,26263,14690],"class_list":["post-610642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-news","tag-ada-price","tag-adausd","tag-adausdt","tag-analyst","tag-cardano","tag-cardano-news","tag-cardano-price","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\n<title>Cardano Price Prediction: Crypto Pundit Forecasts 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