Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH). Gambardello remarked that Cardano is in stage three of its cycle, where investors begin to capitulate due to bearish price action.
Once this stage is complete, ADA is expected to move to the 'bull trap' stage and then to a new ATH. He predicts Cardano will rise to $15 by the end of 2025 and $31 by year-end 2026, reaching a market cap of $1 trillion.
An alternative prediction by InvestingHaven is more conservative, suggesting a 'super bullish target of $1.95' in 2025 if key price levels are unlocked. Cardano has had a rough 2024, with a year-to-date loss of over 40%.
At the time of writing, Cardano is trading at around $0.35, down almost 2% in the last 24 hours, according to CoinMarketCap.
