Cardano

Rally

Clash

Bitcoin

<p>The post <a href="https://coinpedia.org/price-analysis/cardano-price-prediction-ada-price-poised-for-60x-rally-in-the-next-6-weeks-if-this-happens/">Cardano Price Prediction: ADA Price Poised for 60x Rally In the Next 6 Weeks If This Happens</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Renowned crypto analyst Tyler Strejilevich has sent shockwaves through the cryptocurrency community with a tweet hinting at a remarkable surge for Cardano (ADA).&nbsp;</p> 
<p>His attention was drawn to a bullish weekly cross on ADA’s chart, a phenomenon last seen over three years ago, propelling ADA to a jaw-dropping 6,000% surge in just 66 weeks with the price reaching its all-time high of $3.09 in 2020.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/ADA?src=hash&amp;ref_src=twsrc%5Etfw">#ADA</a> is about to get a bullish weekly cross for the first time since JUNE 2020<br><br>The last time this happened it pumped 6,000% over the next 66 weeks<a href="https://twitter.com/hashtag/cardano?src=hash&amp;ref_src=twsrc%5Etfw">#cardano</a> <a href="https://t.co/xQvvbf3b1O">pic.twitter.com/xQvvbf3b1O</a></p>— Tyler Strejilevich (@TylerSCrypto) <a href="https://twitter.com/TylerSCrypto/status/1733286733788107151?ref_src=twsrc%5Etfw">December 9, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>According to his analysis, he speculated that this could become ADA’s reality following the recent appearance of a bullish weekly cross on the crypto asset’s chart. He says that if history repeats itself, then Cardano could surge down to $33 over the next 66 weeks.&nbsp;</p> 
<p>Meanwhile, this means that ADA could reach the projected price of $33.55 by March 15, 2025.</p> 
<h2 class="wp-block-heading" id="h-analysts-clash-over-cardano-s-price-surge">Analysts Clash Over Cardano’s Price Surge</h2> 
<p>While Strejilevich expects ADA to surge 6,000% over the next 66 weeks, a group of analysts recently released their forecast for the ninth-largest cryptocurrency. Their prediction for ADA looks a bit bearish compared to Strejilevich’s forecasts. As reported earlier, the analysts predicted that ADA will only hit the $1 mark by 2025.</p> 
<p>As per these <a href="https://coinpedia.org/price-analysis/cardano-price-prediction-ada-price-poised-for-70-rally-by-late-december/">analysts</a>, ADA’s average price for 2025 could be around $1.01, while the coin’s maximum and minimum prices were pegged at $1.16 and $0.97, respectively.</p> 
<p>As per the Strejilevich expects ADA’s surge to $33.55 represents a 985.76% surge from the coin’s previous all-time high of $3.09.</p> 
<h2 class="wp-block-heading" id="h-ada-s-bullish-performance-in-2023">ADA’s Bullish Performance in 2023</h2> 
<p>Perhaps, ADA has recorded significant gains since the beginning of the year, rallying 125% year-to-date. Although yesterday ADA saw a massive rally surging to an 18-month high of $0.615. However, the coin plunged nearly 8.56% to $0.55 after Bitcoin retraced below $41,000.</p> 
<p>Currently, the ADA price is hanging at <a href="https://coinmarketcap.com/currencies/cardano/">$0.59</a> up by 6.2% over the past 24 hours. As the crypto community eagerly monitors ADA’s price movements, Strejilevich’s forecast injects excitement and anticipation into Cardano’s future.</p>

Cardano Price Prediction: ADA Price Poised for 60x Rally In the Next 6 Weeks If This Happens

Table of Contents

CoinPedia News

Other articles published on Dec 12, 2023

Announcement: Launch of RabbitX App on iOS App Store

Ethereum Layer 2’s Rise Towards Mass Adoption

Bitcoin Creator Satoshi Published Last Message 13 Years Ago

Big News from WeSendit - WeSendit 3.0 is Coming Soon

Ponzi and Pyramid Schemes 101: What’s The Difference and Why You Should Care

Nil Foundation Launches Type-1 zkEVM for Enhanced Ethereum Scaling Security

Join our free newsletter for daily crypto updates!