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

Insights on the Latest U.S. Inflation Report and Federal Reserve Meeting

Dogecoin (DOGE) Stubbornly Breaking Upside Hurdles: What Other Meme Coin May Outperform It?

Crypto community voices skepticism of Elizabeth Warren’s crypto bill

Brainoware’s Breakthrough Explores Organoid Neural Networks in AI-Hardware Evolution

Celestia Price Prediction as TIA Surges 13% – A New Market Favorite?

Oracle Tumbles 9.5% as Q2 Revenue and Q3 Guidance Miss the Mark

Join our free newsletter for daily crypto updates!