Accumulate

Cardano

Request

Bold

<p><a href="https://captainaltcoin.com/is-cardano-ada-better-than-ripple-xrp-expert-insights/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA)</a> has seen renewed interest as crypto analyst Michaël van de Poppe shared his perception on its performance.&nbsp;</p>
<p>Van de Poppe highlighted key levels for traders, predicting a potential surge to ATHs for the token. This outlook comes with <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="ADA" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">ADA</a> experiencing a resurgence in price and trading volume.</p>
<p>At press time, ADA trades at $1.22. This indicates a <a href="https://www.coingecko.com/en/coins/cardano" target="_blank" rel="noopener noreferrer nofollow">rise of 14.80% over the past week</a>. CoinGecko data confirms a robust daily trading volume of $1.44 billion, highlighting the interest in the ecosystem.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Request 02 – <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a><br><br>This one has been doing great, but it's just barely up.<br><br>Back in the old range, and I think that $0.75 &amp; $1 are two great swing trade entry zones. <br><br>I do expect a new ATH to come for this ecosystem in 2025. <a href="https://t.co/7lKIRJx3cc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/7lKIRJx3cc</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1865388293057138823?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 7, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="strong-ada-key-price-levels-and-market-dynamics-strong"><strong>ADA Key Price Levels and Market Dynamics</strong></h2>
<p>Van de Poppe identified $0.75 and $1.00 as strategic zones for swing trade entries, emphasizing their importance as support levels in the current price structure.&nbsp;</p>
<p>The crypto has moved from its prior accumulation range of $0.30-$0.75 into a higher bracket, trading between $0.75 and $1.24.</p>
<p>The resistance level at $1.24 is seen as a pivotal hurdle, with a breakout potentially paving the way for mid-term targets around $2.00. ADA’s move back into its old range suggests market confidence in its ability to sustain <a href="https://www.coinspeaker.com/cardano-price-prediction-what-are-whales-buying/" target="_blank" rel="noopener noreferrer nofollow">higher price levels</a>.</p>
<h2 class="wp-block-heading" id="strong-historical-trends-and-indicators-strong"><strong>Historical Trends and Indicators</strong></h2>
<p>Cardano’s price action in the last bull cycle saw its value surge to $3.10 in late 2021, marking its ATH. However, ADA entered a bear market and consolidated for a long period. This period saw its prices stabilizing around $0.30 to $0.75 until late 2024.</p>
<p>The analyst points to a recent uptick in trading volume and an upward trend in the RSI as signs of growing <a href="https://www.newsbtc.com/news/cardano/cardano-whales-keep-buying-price-holds-above-crucial-mark/" target="_blank" rel="noopener noreferrer nofollow">bullish momentum</a>. These indicators support the thesis of a potential upward wave that could lead to new highs in the next market cycle.</p>
<p><em>Read also: </em><a href="https://captainaltcoin.com/ripple-whales-accumulate-during-price-correction-as-xrp-price-rebounds/" target="_blank" rel="noopener noreferrer nofollow"><em>Ripple Whales Accumulate During Price Correction as XRP Price Rebounds</em></a></p>
<h2 class="wp-block-heading" id="strong-analyst-s-perspective-on-long-term-potential-strong"><strong>Analyst’s Perspective on Long-Term Potential</strong></h2>
<p>Van de Poppe’s optimistic forecast aligns with broader market expectations for Cardano’s ecosystem.&nbsp;</p>
<p>He anticipates that its ongoing developments and growing adoption could drive a return to ATH levels and hit a new one by 2025. His tweet highlights the importance of monitoring key support zones, offering traders insights into potential entry points during price retracements.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/expert-makes-bold-cardano-ada-price-prediction-reveals-key-entry-zone/" rel="noopener noreferrer nofollow">Expert Makes Bold Cardano (ADA) Price Prediction, Reveals Key Entry Zone</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Makes Bold Cardano (ADA) Price Prediction, Reveals Key Entry Zone

Table of Contents

CaptainAltcoin

Other articles published on Dec 8, 2024

BulbaSwap Introduces Meme Liquidity Subsidy Program to Support Morph Chain

CYBRO’s massive $7M presale sparks predictions it will surpass ADA and XRP by 2025

🚀 Torram Raises Strategic Investment to Lead Institutional DeFi on Bitcoin! 🌐

If You Missed Toncoin’s Breakout, Don’t Sleep on Qubetics—The Best Crypto Investment Today

A Crypto Whale Makes Huge Profit by Moving $9.5M in $WIF to Coinbase

Chainlink, Shiba Inu to shine in bull market; experts eye $0.04 token with 50x potential

Join our free newsletter for daily crypto updates!