The entire cryptomarkt is having a hard time with it. But it is precisely these moments of fear that in retrospect could just be the moment of buying. Although further falls are certainly not excluded, the well -known crypto influencer Alex Becker expects Cardano (ADA) to rise enormously. In his recent YouTube video, Becker says that the digital currency is the “easiest investment”.
Explosive growth
According to the YouTuber, Ada will rise “gigantically fast” a given moment. Are the target price? A price of $ 5, which would mean an increase of around 670% compared to the current level.
Becker praises Cardano as one of the most decentralized and robust blockchain networks, right next to Ethereum (ETH). As far as he is concerned, the Platform is technically strong and ready to handle large -scale adoption. According to Becker, Ada is currently an opportunity for investors. In his words, the current course lies on a “insane cheap level,” a price that he believes is totally in proportion to the fundamental value and future potential of the network. Anyone who is entering now could take a lot of benefit from it in the long term, according to the analyst.
Other analysts are also positive. According to Gupta, the current market structure shows striking similarities with the third quarter of 2024. Then Cardano broke out to a peak of $ 1.32. Even now, Ada seems to find strong support in the region between $ 0.59 and $ 0.70. Every time the race ends up there, he springs up again. This indicates a strong purchase interest in that zone, a clear sign of trust among investors.
Bullish Developments
What this positive view, according to the expert, strengthens extra, is the growing institutional trust. For example, for this digital currency American spot exchange traded funds (ETFS) have been requested.
At the beginning of March, Trump also sent another message about the adoption of Cardano in a possible strategic reserve or other national fund. These steps have revived the sentiment around Cardano. More optimistic sounds can now be heard on social media, with a bullish atmosphere that has not been so strong for months, says Becker.
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Source: https://newsbit.nl/expert-cardano-is-de-makkelijkste-investering-en-gaat-naar-5/
