Can Cardano really reach 20$+ near end of year? - page 12.

electronicash

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Quote from: rodskee on May 25, 2021, 10:45:03 PM

Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

yes 10$ is the maximum capacity of ADA(Cardano) to reach this 2021 because it has been recovering from the dip this mid of 2nd quarter but of course ADA will take it back easily now.

Quote from: southerngentuk on May 25, 2021, 10:34:03 PM

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

practically ? i agree with you , OP is very exaggerating when he Made this post and i think that is not the right way to address if you are a true supporter because you even misleading yourself if this is your point of view.

until there is no smartcontract for this coin, it may not really go up to $10, they do have the plan to release an update for alonzo which the smart contract will already be ready. by the time of release i might just be buying some ADA, it will spike a bit after the release and then the market will decide which way it may go. if most investors are disappointed, the drawback will make the price crash.

rodskee

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Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

yes 10$ is the maximum capacity of ADA(Cardano) to reach this 2021 because it has been recovering from the dip this mid of 2nd quarter but of course ADA will take it back easily now.

Quote from: southerngentuk on May 25, 2021, 10:34:03 PM

As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

practically ? i agree with you , OP is very exaggerating when he Made this post and i think that is not the right way to address if you are a true supporter because you even misleading yourself if this is your point of view.

ChaoChibai

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Quote from: btc78 on May 25, 2021, 10:15:27 PM

Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

I absolutely agree with you, I dont think Cardano would even break $20 in the end of this year. In my opinion, that was so impossible to happen.
Even bitcoin and another top rank altcoins is on bloodbath now, so $20 will not gonna make it.

southerngentuk

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As an optimist and also a big fan of this coin, I cannot fool myself into its development. Maybe at that price for the long term it could happen, but realistically I don't think it will come between now and the end of the year.

btc78

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Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

With this action in the last 7 days?

https://coinmarketcap.com/currencies/cardano/

I guess 10$ will not be easy as 123 to reach from the ADA supporters , there had been some growth and fall happening this whole week so basically this is an indication of hard growth in sooner time.

Mayne we can expect 5$ if Bitcoin break 100k this whole year but 20$? impossible for 2021.

Xinarae*

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Quote from: affandi on May 25, 2021, 09:03:27 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

How much the price of currencies in the market will go up will usually depend on their demand depending on the bitcoin currency at the market cap, the price of other altcoins continues to rise. It is difficult to say exactly how much the ADA will go but if cardano's demand continues to grow in this way it will go up a lot in the end.

affandi

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Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

all can be seen from various aspects such as supply, volume, and market cap as well as bitcoin price, and for me what makes the most sense is if Bitcoin reaches $150K and Cardano marketcap reaches $500B to $700B, the ADA price could reach $10 or more and that's all depending on the above aspects.

Fredomago

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Quote from: LUCKMCFLY on May 25, 2021, 03:10:09 PM

ADA has had a greater surge not as much as XRP but if up to 4%, I think ADA can give more, that is why the bulls are taking all the effort to maintain and boost the ADA movement:

Quote

Cardano (ADA) has fixed above the support at $1.33 and is gathering power for a possible continued rise according to a low buying trading volume. In this case, the altcoin may get to the resistance level at $1.79 by the end of the week if bulls keep controlling the situation.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-may-25

The market has been benevolent, and is giving unique opportunities at least with ADA, in this case those who bought in the dip are making short-term profits, in the long term things are likely to improve even more.

Lucky for those who managed to buy this while the market went down, from that support barrier traders who place their entry and make a good amount of coins during the last week fall are now enjoying the benefits.

Currently staying @ $1.52 good enough for traders who make some money doing scalp, small percentage of increase then rinse it again,
keep repeating while there's an open opportunities.

There good and experienced traders who hold portions of their assets for long-term and use some of their fund to take advantage of this kind of opportunities.

LUCKMCFLY

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ADA has had a greater surge not as much as XRP but if up to 4%, I think ADA can give more, that is why the bulls are taking all the effort to maintain and boost the ADA movement:

Quote

Cardano (ADA) has fixed above the support at $1.33 and is gathering power for a possible continued rise according to a low buying trading volume. In this case, the altcoin may get to the resistance level at $1.79 by the end of the week if bulls keep controlling the situation.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-may-25

The market has been benevolent, and is giving unique opportunities at least with ADA, in this case those who bought in the dip are making short-term profits, in the long term things are likely to improve even more.

Why you bully me

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Quote from: LUCKMCFLY on May 21, 2021, 05:31:56 PM

Updated:

This time only one day passed for ADA to fall by 17%, it is listed as one of the currencies that has lost the most, at least BTC is on the rise, this may be normal because whenever BTC rises most altcoins go down, If BTC is confirmed to be in a bullish trend, the ADA recovery will be impressive, in the short term we have this analysis:

Quote

According to the chart, Cardano (ADA) is trading similarly to XRP, making a false breakout of the $1.76 zone. Even though the selling trading volume remains low, the historical level of $1.33 may be achieved shortly as bulls are running out of power.

Source: day/btc-eth-xrp-and-ada-price-analysis-for-may-21]https://[Suspicious link removed]day/btc-eth-xrp-and-ada-price-analysis-for-may-21

In the short term, the bulls find it difficult to raise the currency, but as I said before, it is a matter of waiting to see how BTC continues to develop.

thanks for all the help Grin

LUCKMCFLY

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Updated:

This time only one day passed for ADA to fall by 17%, it is listed as one of the currencies that has lost the most, at least BTC is on the rise, this may be normal because whenever BTC rises most altcoins go down, If BTC is confirmed to be in a bullish trend, the ADA recovery will be impressive, in the short term we have this analysis:

Quote

According to the chart, Cardano (ADA) is trading similarly to XRP, making a false breakout of the $1.76 zone. Even though the selling trading volume remains low, the historical level of $1.33 may be achieved shortly as bulls are running out of power.

Source: https://u.today/btc-eth-xrp-and-ada-price-analysis-for-may-21

In the short term, the bulls find it difficult to raise the currency, but as I said before, it is a matter of waiting to see how BTC continues to develop.

LUCKMCFLY

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Updated:

Now ADA has a very good recovery, after BTC started its rally, Cardano is doing the same even above King BTC gaining 15%, this suggests that investors and ADA bulls their efforts are generating the good results , as shown in this short-term analysis:

Quote

Cardano (ADA) has almost recovered after yesterday's drop. As is the case with Bitcoin (BTC), the buying trading volume is not high, which means that one more decline may happen. In this regard, the drop may lead to the retest of the support at the $1.43 mark. Such a scenario is relevant for the upcoming days.

Source: https://u.today/btc-ada-bnb-and-doge-price-analysis-for-may-20

ADA represents one of the fastest growing coins, currently very successful, especially in bookmakers and casinos, Cardano is now highly sought after by players due to its low fees.

LUCKMCFLY

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Now it is more difficult for ADA to have such a spectacular pump, for now it is not possible, but I think that if it will happen this year, we will not be in a bearish trend all year, now in the short-term analyzes, at least for today it has dropped by 18%, this analysis shows:

Quote

Cardano (ADA) has tested the MA 50 and almost reached the MA 200 on the daily chart. While the altcoin keeps trading above $1.33, the bullish scenario remains relevant. Regarding the short-term prediction, the retest of the resistance at $1.763 may occur within the next few days.

Source: https://u.today/btc-eth-xrp-ada-and-bnb-price-analysis-for-may-19

For now ADA is at a low price, but at any moment it can be lifted, ADA has a large following and a large community.

inanilujimi

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the current price is too high for ADA, don't expect it to reach $ 20 by the end of the year, it won't be forever the price will continue to increase there must be a time of big correction. I know for sure that the bull market won't be around all year round.

Why you bully me

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Quote from: wheelz1200 on May 18, 2021, 05:57:48 PM

Honestly people have to stop thinking in terms of usd and really pair it against bitcoin. You need to think of the opportunity loss. If bitcoin goes to $10k and cardano goes to $10 by the end of the year, but if bitcoin goes to $500k and cardano goes to $10 is it still a good thing? Usd prices are all reletive, think in tes of seats and you will be on the right path.

I like to put profit into monero

wheelz1200

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Honestly people have to stop thinking in terms of usd and really pair it against bitcoin. You need to think of the opportunity loss. If bitcoin goes to $10k and cardano goes to $10 by the end of the year, but if bitcoin goes to $500k and cardano goes to $10 is it still a good thing? Usd prices are all reletive, think in tes of seats and you will be on the right path.

LUCKMCFLY

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I have reviewed a lot about Cardano, I have come across a good analysis in tradingview, as it seems to me that ADA has a good time to look for a bullish trend or at least enter a good bull run:

Quote

Cardano has formed a bullish falling wedge the last few days as the cryptocurrency markets fell over 15%. ADA must break above its top trend of the wedge to be considered bullish again. Major resistance of $2.08 must hold for ADA to continue up-trending. The price looks to stay within the ascending channel for more time as it has respected both trends for almost 3 weeks now.

Source: https://www.tradingview.com/chart/ADAUSDT/ZicaUAlR-ADA-Forms-Falling-Wedge-As-Crypto-Market-Takes-a-Hit/

I think it is a good time to buy ADA, if some have doubts, I hope this analysis will help you.

Cappex

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Quote from: Twinkledoe on May 17, 2021, 04:30:22 PM

Quote from: Cappex on May 17, 2021, 03:48:09 PM

Quote from: ubercool on May 17, 2021, 10:00:08 AM

You're a newbie and you are kidding. 20$ Ada is highly impossible, I know that people say anything is possible in crypto but Ada is struggling to be above 2$ so 20$ will be insane. I'm just hoping that Ada might hit 3$ or 5$ max.

ADA is $2 without having smart contracts, this will open the door to new DeFi experiences, NFT and all the trends of ethereum and bsc in a project created for this: scalable, accessible and decentralized.
$20 dollars is conservative in my opinion.... #DYOR

$20 is achievable but I don't think it will be achieved at the end of this year. Try aiming for $5 first. But I can say, ADA platform is a promising one. They need to attract more projects that will be launched under their network. It has potential but need to be realistic first with your targets.

slow in its progress but Cardano is known by many, reliable and when smart contracts start it will be very interesting indeed.
Despite its high market cap, I see it as the valid alternative to Ethereum (without considering the momentary success of Binance smart chain)

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Quote from: electronicash on May 18, 2021, 12:27:58 AM

Quote from: cryptoperkele on May 17, 2021, 02:58:55 PM

Quote from: Why you bully me on May 13, 2021, 06:08:01 PM

I've been seeing many price speculations on ADA. Some say that its impossible due to market cap and some say it has so much potential to do it. What would be the sensible valuation you think it could be near end and why?

Remind me, does Cardano have smart-contract functionality yet?

If not, with $20 price it would need to go almost double current ETH marketcap and why would it ever do that when eth has actual network effect and infrastructure in place already?

not yet. i think the guogen update will happen in July or something. it's where the smartcontract will also be up and running. it's not really a good way to get into ADA and trade unless you are interested to do staking. it's the staking that makes it attractive to investors for now but when the smartcontract goes live, this is where we can verily speculate and trade well just like ETH.

they are saying that their algo is much better than ETH. it also open wide opportunity for developers since its not just solidarity but a programing language known for more programmers.

The problem is that the average Joe doesn't really care about the specifics of an algorithm and whether one is slightly superior over the other. Much like you don't inspect the whole engine of a car when you consider to buy and drive one. They want to use applications and if that just works fine they'll go with the chain that has the best and biggest offering. If that is Ethereum and ADA claims their algorithm is better, who will care? Only if something goes wrong will that ace play out.

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Of course it can happen, because Cardano has a very good project and makes people interested to investing in Cardano, especially if there is another altseason, then of course the price of Cardano must be very easy to increase $ 20, so if you want to invest in Cardano, then it is a great idea for you and now is the right time to invest in Cardano, because currently the price of Cardano hasn't reached $ 20 and when the price of Cardano has reached $ 20, then of course you will definitely get a lot of profit from investing in Cardano at this time.

Topic: Can Cardano really reach 20$+ near end of year? - page 12. (Read 2775 times)