ADA Price Prediction: Could Cardano Reach $3 Again Amid Upgrades & ETFs?
The post ADA Price Prediction: Could Cardano Reach $3 Again Amid Upgrades & ETFs? appeared on BitcoinEthereumNews.com.
Cardano is back in the spotlight once more as sentiment gathers around a potential rally to its all-time high at $3.10. Currently trading at approximately $0.65, the token has more than doubled from its lows in October, driven by solid fundamentals, upgrade development, and new ETF demand. Analysts now debate whether tailwinds can realize the latest ADA price prediction or whether ADA will continue to remain in consolidation until more general liquidity comes back. Technical Setup: Bulls Guard Key Levels Source: TradeNation Crypto analyst Trade Nation notes that ADA’s price structure remains neutral, with the $0.59 support zone acting as the pivotal line for the next move. A sustained hold above this level could trigger rebounds toward $0.68, $0.71, and even $0.73, while a break below may shift short-term sentiment bearish. At the same time, ADA’s RSI prints early indications of the recovery after bottoming at oversold levels. Subdued accumulation is revealed on the daily chart, and long-term buyers are seen re-entering. As long as ADA remains above $0.59 on momentum, the ADA price prediction bias remains cautiously bullish. Analysts Forecast a Return to $3 Prominent crypto analyst Crypto Jebb believes Cardano will not only revisit its 2021 high of $3.10 but surpass it. His bullish call reflects growing confidence among long-term holders who view ADA’s fundamentals as stronger than ever. Cardano’s recovery from $0.33 to $0.66 has renewed optimism that the worst of the correction may be over. To reclaim its record high, ADA would need a 380% gain from current levels. While that may seem aggressive, similar percentage recoveries happened in past cycles once improvements and liquidity came into balance. If ADA breaks through resistance at $0.75, it can confirm a broader trend reversal and change the focus to long-term appreciation. The possibility of Cardano ETFs has also…
