Cardano's ADA Holds Steady, Bulls Eye $1.00 as Network Grows
Cardano's ADA token is currently trading around $0.87, up 1.70% in the last 24 hours. The coin has been steadily holding its ground, with buyers defending the $0.85 to $0.87 range. Analysts remain bullish, predicting a potential price increase to around $1.00 in the near future.
Confluence levels on lower timeframes suggest that retests near $0.85-$0.87 could shape the next bullish move for Cardano's price. The active address count and stable transaction volumes indicate growing network usage and steady ecosystem adoption. Experts provide a range of forecasts for ADA's future price. Coincierge predicts it could reach approximately €1.30 (about $1.30) by 2025, with a positive long-term outlook up to 2030, where prices might reach over €15 ($15), and even higher according to some optimistic estimates. Other experts anticipate ADA fluctuating between $0.855 and $1.12 in October 2025, with possibilities slightly above $1.00 in November 2025. A key resistance level for Cardano price is at $0.90, which could open the way to $1.00 if broken.
Cardano's ADA token is showing signs of strength, with steady network usage and a bullish community. While analysts offer varying predictions, there is a general consensus that the coin has the potential to increase in value. The next key level to watch is $0.90, which could pave the way for a move towards $1.00 if broken.
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