Future

Cardano

Bitcoin

April

Coin

<ul class="news-points"> 
 <li>Tom from CryptoBusy attributed ADA’s negative price movement to high levels of FUD.</li> 
 <li>In the channel’s latest analysis, Tom predicted that it may take a few years for ADA to rise back above $3.</li> 
 <li>At press time, ADA was trading at $0.2944 after it printed a 0.99% loss over the past 24 hours.</li> 
</ul> 
In his latest YouTube video, Tom, an analyst from the crypto market analysis channel CryptoBusy, predicted that <a href="https://coinedition.com/tag/cardano-ada/">Cardano (ADA)</a> could climb to above $3 once again, but believes it may take a few years. <a href="https://www.youtube.com/watch?v=X0vnjHvgtrM" target="_blank" rel="nofollow">In the video</a>, the analyst noted that the altcoin is trading around the same price as the start of this year – at around $0.25. 
According to Tom, macroeconomic factors suggest that the crypto market is not out of the bear market yet. This is especially true for altcoins, noted the analyst, who believes that there will be no new all-time highs for altcoins leading up to the halving of Bitcoin (BTC) in April 2024. 
Nevertheless, the crypto analyst remains bullish on ADA and mentioned in the video that the altcoin still has a future. Furthermore, Tom attributed all of the negative price movement for ADA over the past few weeks to FUD. 
At press time, CoinMarketCap indicated th…
The post <a rel="nofollow" href="https://coinedition.com/ada-still-has-a-future-despite-current-fud-according-to-analyst/">ADA Still Has a Future Despite Current FUD, According to Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

ADA Still Has a Future Despite Current FUD, According to Analyst

Coin Edition

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