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Cardano Price Set For $8.11 ATH In 2025 With This Bullish Wave

NewsBTC LogoNewsBTC12h ago

Cardano Price Set For $8.11 ATH In 2025 With This Bullish Wave - NewsBTC

Quick Summary:

In line with this, he predicts a new wave that could send Cardano to this $8 price target.   Related Reading: Cardano Price Bounces From Key Support Level, But There’s Still A Risk To Crash To $0.85 Master Ananda further explained that the initial bullish breakout peaked very early in December last year.

The analyst noted that such a strong bullish wave will always lead to a correction, which explains why the Cardano price is witnessing a significant crash alongside the broader crypto market.  The crypto analyst assured that the present correction doesn’t mean much for the market.

Master Ananda added that the market needs to adapt to the previous massive phase of growth.  Further Analysis Of ADA’s Bull Market Price Action Master Ananda noted that in a bullish market, a correction will always end in a higher low.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-01 @ 02:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 70 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26533865

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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