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Cardano (ADA) Price Prediction 2020-2025 - Do Not Invest Till YoPrice Prediction 2020 The forecasts made before the pandemic were extremely different. Several experts were predicting that by the end of 2020, the ADA price will reach $0.06 mark and continue growing further the next year while others were naming prices like $200 or even $400. It is not likely that all of a sudden Cardano can go beyond $0.1 this year. There are some reasons for that: first off, the growth of the crypto market that followed March's downfall is not going to last forever. As the quarantine measures get canceled here and there gradually, the traditional economy will get stronger. It means that the cryptocurrency market will decline this summer. Most probably ADA will lose its value. In the fall, the crisis prepared by the pandemic will finally hit the global economy. That will be the time when cryptocurrencies will start to recover after the summer'20 downfall. By the end of the year, ADA will regain $0.08 for sure, and by the most optimistic forecast, its price will reach $0.1. 2023 If the Basho and Voltaire segments of the road map will be completed in time (and we have all reasons to believe in the success of the Cardano team), then its ecosystem will be quite prominent by that time. Without a doubt, Cardano will keep its place among the leaders in the industry. The industry itself will go far beyond in comparison to what we might expect at the beginning of 2020 because corona-crisis will be a catalyst for the expansion of cryptocurrency use and development. It means that Cardano will have a double win in 2023, both as one of the leading products on the market and as a part of the growing market. Definitely, we won't see ADA reaching its all-time high again as in January 2018 the price was enormous due to manipulations made by shady players. Nevertheless, ADA will break its $0.1 barrier and will multiply its value several times, reaching from $0.4 to $0.5 by the end of 2023. 2025 Without a doubt, all wins of this project in the following years will influence the coin's price positively. It is likely that the project will become a usual part of the financial system and an important and effective smart contract operator. The price of ADA can reach $1.5 to $2.
KRAKEN:ADAUSDLong
by canh9
3
ADA Head and Shoulders Pattern.ADA Head and Shoulders Pattern: Is it a Bearish Breakout Opportunity? What is a Head and Shoulder pattern ? It is formed by three peaks, with the middle peak being the highest (the "head") and the two outer peaks being slightly lower (the "shoulders"). The pattern is completed when price breaks below the "neckline," which is a support level that connects the lows of the two valleys that form the "shoulders." The neckline is considered a key level because a break below it indicates a shift in the balance of power from the buyers to the sellers. ADA's Head and Shoulders pattern broke down a crucial level at 0.3750$ - 0.3800$, indicating a bearish downtrend . Institutions and whales could push the price to targets 0.3430$, 0.3200$, and 0.3000$ with a re-test of the level (3750 - 3800) before a potential dump. Probability of trade/setup ? Hitting targets :- 70 percent Trade's success is subject to a degree of uncertainty and risk. It's important to remember that no trading strategy or analysis method can guarantee success, and that losses are a normal part of trading. When would setup be invalidated ? The head and shoulders pattern on ADA may be a fake-out, if price tries to close above 0.3750$ - 0.3800$ on a daily timeframe (2 daily closing candles) and sustain there to eventually breakout 0.3966$ level with strength and volume.
Short
by KingCharts
1
ADA Bullish StructureADA after breakout is in sideways from last 53 days. Its in huge accumulation and available at the price that investors wants. ADA making checkmate pattern right now means if it breaks upside then we will see a great price hike in ADA. Resistance levels are: 0.00001799BTC, 0.00002451BTC, 0.00003081BTC, 0.00004124BTC, 0.00005088BTC, 0.00006590BTC. Support Levels available at 0.00000977 BTC Strong Support level is at 0.00000580 BTC You can only take entry when its above 0.00001431 BTC for safe entry. hope these levels helps you to open trade in ADA
A
by GaganSaini1
Looks like ADA has pulled a sneaky move on traders🕵️💎 Paradisers, it seems that #ADA has trapped traders who entered based on the breakout of the cup & handle pattern. 💎Nevertheless, should #ADAUSDT breach above the previous high, we may anticipate a bullish move, especially considering the bullish market structure signaled by CHoCH & BOS. 💎In the event of a pullback, we could foresee a bounce from the demand level. 💎However, if the price breaks down below the demand level, it may be viewed as bearish, particularly due to CHoCH towards bearish structure. In such cases, it might be advisable to execute scalp trades or abstain from trading, especially for those new to trading.
by MyCryptoParadise_Nathan
2