Can Cardano really reach 20$+ near end of year? - page 5.

Abiky

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Quote from: BuyingBitcoin on August 09, 2021, 11:11:25 PM

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Nothing is guaranteed to last for life. Tether is subject to losing its value in the future because of its utterly-centralized design. A full government crackdown or the issuer "closing up shop", could undermine the value of Tether as we speak. We should be prepared for the worst by cashing out our crypto directly into Fiat instead of a stablecoin. You'll never know when everything will go down the drain as the crypto market is widely unpredictable.

I'd assume that the whole market will crash after Tether goes to $0. That's because Tether is the one stablecoin which moves the market. Ever since the stablecoin launched, the issuer (Bitfinex) has been "printing" new coins with the aim to manipulate the market. Without Tether, the market will be doomed. Prices of major crypto assets will recover after that, albeit at a slow and steady pace. There's no need to worry about Tether since there are a wide number of options to choose from. With a decentralized stablecoin like DAI, there's no need to rely on centralized stablecoins anymore. Time will tell us whenever Tether will survive or become a failed experiment. Just my opinion

andyou1234

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Currently, Cardano is one of the best altcoins to invest in long term, but I don't think ADA will reach $20 later this year, even though the market is recovering now, but Cardano still takes time and a long process to reach that value, I think $5 is a fair price for Cardano to close this 2021,

bittraffic

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Quote from: LUCKMCFLY on August 25, 2021, 10:51:11 PM

For now ADA is qualifying it as one of the currencies of the most losers, however the currency is for now at 2.72USD, the bulls are waiting for a movement of BTC that can confirm the bullish trend for them to make the effort and raise it. more than possible, because I imagine they do not want to get a lot of offer so as not to have losses, the technical analysis of cointelegraph shows the following:

Quote

If the price rebounds off the current level or the breakout level at $2.47, it will indicate that the sentiment remains positive and bulls are buying on dips. The bulls will then try to resume the uptrend by pushing the price above $3. If they manage to do that, the ADA/USDT pair may rise to $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-25-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

The maximum that they can reach for now according to this analysis is for 3.50USD, I think the first target that can reach is 5USD, I see something rough that reaches 20usd quickly.

ADA analysis is already overbought. Clearly, traders are taking profit already. I can hold my stablecoin for two weeks before deciding to buy back my ADA. Its price may be good to buy right now but it's not over, I think it can still go low to $2.25 before it will bounce again to $3.50. Having a low price right now will be good for accumulation.

Charles Hopkins announcing the launch of Alonzo will be Sept 12 which is two weeks from now.

LUCKMCFLY

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For now ADA is qualifying it as one of the currencies of the most losers, however the currency is for now at 2.72USD, the bulls are waiting for a movement of BTC that can confirm the bullish trend for them to make the effort and raise it. more than possible, because I imagine they do not want to get a lot of offer so as not to have losses, the technical analysis of cointelegraph shows the following:

Quote

If the price rebounds off the current level or the breakout level at $2.47, it will indicate that the sentiment remains positive and bulls are buying on dips. The bulls will then try to resume the uptrend by pushing the price above $3. If they manage to do that, the ADA/USDT pair may rise to $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-25-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

The maximum that they can reach for now according to this analysis is for 3.50USD, I think the first target that can reach is 5USD, I see something rough that reaches 20usd quickly.

FairUser

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Quote from: Slow death on August 23, 2021, 06:22:37 PM

to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

But we can sense it will hit $20 or so but haven't specified an easy time and default it to the future.
If I look at ADA in the long term, I personally don't think there is too much to doubt because it is very good and FUD is just considered superfluous for me personally, my instincts allow myself to believe in the coin. this money. Anyway, be patient instead of confusing people with this kind of information.

velive08

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can't seem to reach it if the cardano reaches $20 this year. I just think Cardano's target can be reached maybe only $7 this year. maybe it's a realistic thing, cardano is not a bad coin but it takes a lot of stages

LUCKMCFLY

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The price of ADA has been very volatile, many classify it as a loser, but nevertheless at the moment it is oscillating at a price of 2.73 USD, which is not bad at all because many of the bulls were believed to be asleep, but apparently having an increase of 0.63% things look much better:

Quote

On the daily chart, Cardano (ADA) has once again touched the support at $2.58. Until it is located above it, bulls keep controlling the situation on the market.

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

For now I see that it is somewhat difficult to reach 20usd, however it cannot be ruled out, the bulls have been waiting, it is believed that there may be many more bullish surprises, it only remains to wait.

sumant

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When we are talking about a legit project and so much hard work going behind that project, cardano is one of them but I don't think it will go 20$+ end of this year because it is currently running on 3$ want 7x marketcap to be reach 20+. It is not going to happens this year and this task will be very big for cardano because market always kill market so let's see what happens with cardano. Thank you

LUCKMCFLY

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Cardano is one of the most winning coins that are for now, at the moment it is around 2.85USD, not bad, investors are waiting to see if the price can reach usd which would be great, the technical indicators give it following:

Quote

If bulls can flip the $2.47 into support during the next pullback, it will signal strength. That will increase the likelihood of the resumption of the uptrend. The next target on the upside is $3.50.

Source: https://cointelegraph.com/news/price-analysis-8-23-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

From how the panorama looks, it may continue to rise, perhaps the expectations of reaching 4usd seem to be clearer than to lower the price, but do not trust, although the bears are in tracking mode cannot be underestimated.

Captain-Cryptory

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Quote from: LUCKMCFLY on July 29, 2021, 02:08:06 PM

I also dare to say that it can reach $2 if everything goes well.

And I dare to say that ADA will reach at least the previous ATH or even exceed it by the time of Alonzo fork in mainnet. It is expected to happen in the beginning of September and if things go well Cardano get the full smart contract capability i.e. the most wanted feature in eyes of institutional investors, AFAIK. I'm steadily buying to increase my staking power. So far, the price is affordable to do this.

Slow death

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to think of ADA reaching $20 is a very exaggerated forecast although the price of ADA has almost reached $3 I still think that to think of $20 is a big exaggeration. it would have to have a big demand and a big marketcap, it would have to surpass the current marktcap of ETH and bitcoin, it's insane to think that this would happen this year or next year

Wulan_maniez

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In recent days I have it very impressed to see the price of Cardano is very significant when bitcoin is bullish, whereas as of today bitcoin is still at $ 48k,
but Cardano the price exceeds when bitcoin bullish in the month between March-April 2021, where it is still at $ 60k. If bullish bitcoin continues to exceed 60k,
it is likely that Cardano could reach $10 near end of year. But in any case, we have to look at market conditions, whether to support it.

freedomgo

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Quote from: Rehan Zakir on August 23, 2021, 08:39:30 AM

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The price 20 USD for Cardano is quite a lot in my opinion. Even the current price seems quite high to me to invest, but things are different in this market. It is quite difficult to reach even 10 dollars by the end of the year.

You are saying right brother. ADA price is near 3$. ADA is a very strong project and it can easily hit 20$ in the upcoming 2,3 years. In crypto market things are very different. Everything is possible in crypto market. It is a very risky market. Some times coins pump massively and some times it dumps massively.

It's moving up, so most likely $3 will be achieved soon.

The good thing with the timing now is the market is bullish, and that would easily make ADA rise further as it's currently the hottest coin now with $9 billion trading volume compared to BNB which only has $3 billion. With this kind of hype, I am not seeing a price ceiling and that 36% is a week is quite impressive.

gamer4156

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I was seeing it dependent on how helpful ada for the local area and I imagine that the current cost is the best rate for ada. It will be an immense leap to and I question until further notice that in can be accomplished. It will require a great deal of cash pouring on ADA's market. Furthermore, with projects like defire entering the cardano biological system, we should see some development in the cost.

Rehan Zakir

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The price 20 USD for Cardano is quite a lot in my opinion. Even the current price seems quite high to me to invest, but things are different in this market. It is quite difficult to reach even 10 dollars by the end of the year.

You are saying right brother. ADA price is near 3$. ADA is a very strong project and it can easily hit 20$ in the upcoming 2,3 years. In crypto market things are very different. Everything is possible in crypto market. It is a very risky market. Some times coins pump massively and some times it dumps massively.

stadus

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Quote from: kotajikikox on August 23, 2021, 06:25:23 AM

Am no sure if this appropriate but one thing is certain that Cardano had created an ATH this year so for me this is enough reason to celebrate as we are already in gains of more than x2 of our capital.
as asking for 20$ is bit too much for this year alone , but I think in the next halving of Bitcoin , ADA will make it there (if being maintained at least 2-5$ value this year and the next before halving)

Most likely because $20 means x10 of its current marketcap which is $90 billion means it will increase to $900 billion which is similar to the marketcap of bitcoin now. With that, we can also assume that bitcoin will increase its price as it's unlikely for altcoins to rise when bitcoin is struggling, so in my estimated, bitcoin will be trading $200k to $300k that time, hope these things will happen but the likelihood of happening is quite low this year.

Beparanf

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The price 20 USD for Cardano is quite a lot in my opinion. Even the current price seems quite high to me to invest, but things are different in this market. It is quite difficult to reach even 10 dollars by the end of the year.

Yeah the current price is already a miracle. The price will suffer a big drop before the smart contract launch on September 11. There's no big deal already on smart contract because it was already use by many different blockchain project while Cardano is only at the beginning phase on introducing it. People that hyping and FOMO buying of this coin will surely suffer once whale who manipulate the market will take profit. It's better to invest on Solana or Matic rather than Cardano which is 2 years late on blockchain development. This guys focus there resources on marketing rather than blockchain research. Buying ADA tight now is just buying a knife that soon gonna stub yourself.

Desmong

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Quote from: Captain-Cryptory on August 03, 2021, 12:41:15 PM

Quote from: LUCKMCFLY on July 29, 2021, 02:08:06 PM

I also dare to say that it can reach $2 if everything goes well.

And I dare to say that ADA will reach at least the previous ATH or even exceed it by the time of Alonzo fork in mainnet. It is expected to happen in the beginning of September and if things go well Cardano get the full smart contract capability i.e. the most wanted feature in eyes of institutional investors, AFAIK. I'm steadily buying to increase my staking power. So far, the price is affordable to do this.

Yes ADA is going to go far which is sure depending on the Bitcoin market cos all the altcoins used to dance along the movement of Bitcoin. If ADA is able to reach $20 for pair, then that means that Bitcoin would be at the price of $100k making other coins which is very versatile like Ethereum, BNB and other to skyrocket too reaching by there peek. The market is very positive now and u think the market is going to make things happen now that Bitcoin has reached $50k which is a good sign that much is expected from the market.

Captain-Cryptory

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Quote from: LUCKMCFLY on July 19, 2021, 11:29:56 PM

The scenario for ADA is very dark, the BTC management is the one who is directing the whole scenario, Cardano is staying in a very risky area, everyone is betting on the low of all alts, the best is Hodl.

I wouldn't say that ADA's scenario is dark. The team is working hard to make Alonzo run on the mainnet. Now it is running on testnet and has successfully passed from blue to white phase. The latest developments allow Cardano's smart contracts to be compatible compatible with the web browsers. For me Cardano's future is very bright. Today I have bought another portion of ADA and added it to the staking bulk I already have.

kotajikikox

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Am no sure if this appropriate but one thing is certain that Cardano had created an ATH this year so for me this is enough reason to celebrate as we are already in gains of more than x2 of our capital.
as asking for 20$ is bit too much for this year alone , but I think in the next halving of Bitcoin , ADA will make it there (if being maintained at least 2-5$ value this year and the next before halving)

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