Cardano: New Price Prediction Claims ADA To Hit $3, Here’s When?

Cardano is one of the most promising cryptocurrencies in the market that had to encounter critical resistance to reach where it is presently at. The token is sitting at a high price spot of $1.22 and is now eying an even higher price target of $3 if the current bull market momentum supports it. Can ADA fulfill its ambitious price target sooner rather than later? Let’s find out.

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Cardano Price Prediction: What Are Analysts Saying?

Cardano has experienced several skirmishes in the middle of its ascent to touch $1. The token had to fight several resistance forces to keep its momentum stable, which in the end, helped ADA surge beyond the $1 price mark. As the cryptocurrency market gears up for a change as Trump takes over the new US regime, the overall market sentiment is currently incredibly bullish, helping altcoins, including Cardano, set their eyes on the high prize.

Noteworthy analysts like Dan Gambardello recently took to X to share their thoughts about Cardano’s future target price now that the token has claimed the $1 mark. Gambardello shared how ADA may soon claim the $3 mark if Cardano becomes a part of the growing ETF narrative.

“Cardano has a lot going for it right now. But on top of it all, if Cardano has similar ETF news as $XRP, please take note of how fast $ADA hits $3.”

Similarly, the expert noted how ADA has been performing extremely well as of late when it comes to transaction management. Talking about it on X, Gambardello shared that ADA is now documenting nearly 315,000 transactions per second.

“Cardano, notoriously known as vaporware to the crypto cabal, is clocking over 315,000 transactions per second! Welcome to a new era for Cardano and crypto.”

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The Token’s Path For $3: When Is That Happening?

As per CoinCodex, ADA may surge to hit the $3 price mark by April 2025.

However, the month of December may help ADA surge to sit at a stable price mark of $1.36.

“According to our current Cardano price prediction, the price of Cardano is predicted to rise by 14.41% and reach $ 1.367876 by January 3, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 76 (Extreme Greed). Cardano recorded 24/30 (80%) green days with 35.08% price volatility over the last 30 days. Based on the Cardano forecast, it’s now a good time to buy Cardano.”

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