Sa kripto sektor finally getting some respite from the crisis that created a ripple effect across most of the decentralized finance (Defi) assets, traders and investors are taking their time to analyze the price action of Cardano (ADA) and try to predict its next steps.
Upon detailed examination of Cardano, kripto trgovanje expert Michaël van de Poppe has identified one possible trigger that might change the game for the biggest Proof-of-Stake (PoS) asset, and otkrio it, along with a chart illustrating his analysis via Twitter on July 6.
According to van de Poppe, the “party time trigger is at $0.48,” adding that “until then, [ADA is] still resting on support.”
If what van de Poppe predicts materializes, it would go in line with some of the Cardano price projections made by both the crypto community and a deep learning algorithm that predict a biće surge for the token.
Other Cardano price predictions
Ranije, finbold izvještava o a algoritam predviđanja cijena koji koristi okvir za mašinsko učenje otvorenog koda koji predviđa da će Cardano dostići cijenu od 2.90 dolara do 1. septembra 2022.
Similarly, the community votes at CoinMarketCap envision an average ADA price of $0.79 for the end of August and $0.88 for the end of July. Meanwhile, the algorithm predicts that Cardano could trade at $1.63 in late July.
At press time, Cardano is trading at $0.4574, which is a 2.29% increase on the day, but still represents a 3.01% decline across the previous seven days, according to the data retrieved from CoinMarketCap.
Poskupljenje bi moglo da se desi kako je i predviđeno Vasil hardfork se približava, posebno nakon nedavno uspješnog pokrenuti na testnetu od strane Blockchain programera Input Output (IOHK).
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Source: https://finbold.com/crypto-market-analyst-identifies-bullish-party-time-trigger-for-cardano/