$ADA

Cardano Price Analysis: Analyst Predicts Potential 2500% Increase to $10.4.

The Cardano (ADA) price analysis indicates that the currency is in a corrective phase within a long-term channel, where Quantum Ascend has noted a potential bullish reversal. This pattern reflects the rise that occurred in 2020, suggesting that ADA could reach $10.4, an increase of 2,500%. Fibonacci extensions indicate a range between $4.88–$5.50 as a conservative target and $10.4 as a primary target. The price movement aligns with a recurring pattern from 2020, where the currency bounced off the 0.50 level before achieving a new high in 2021.