Predicting Cardano- The analyst sees an increase in $ 1.6 as Charles Hoskinson says star-news.press/wp

Cardano Price is struggling today, July 29, a decrease of 3.7 % in 24 hours of trading at $ 0.795. However, an analyst notes that this drop may be temporary. His analysis comes at the same time as the founder of Cardano Charles Hoskinson said that ADA Can excel over Bitcoin.

Cardano Rally analyst expected to $ 1.60

The Crypto King analyst on X is still not upset with the last decline in ADA PRICE. He has advanced with the ups of the upscale Cardano price that is aware of a similar triangle style. It indicates that the price has a triangle resistance. This means that if there is a strong boost, Ada may reach $ 1.40 or $ 1.60. After this profit, the next station will be a standard height. Note,

“Cardano A Day Chart is just a blessing to see it. Imagine the clouds as soon as this level erupted. At least $ 1.4-1.6 and then ATH.”

King King is not alone in his belief that Cardano may get one dollar. Last week, Coingape analyzed a pattern indicating that Cardano may reach $ 1.35, especially with news about the ice Airdrop.

However, there is only one way that these patterns play, and this is if there is a purchase support. Currently, The Daily Swings shows that there is a struggle between buyers and sellers, which is why Cardano’s price trend has not settled on the ups and a declining direction.

To read ADA’s upper time price predictions, you can cover the full length in the attached link.

Now that the leverage has left the market, there may be room for gains. In just two days, more than $ 6 million has been closed. What this means is that there is an opportunity to achieve more healthy operation, without having their liquidation prices to be completed.

Charles Hoskinson says ADA is better than Bitcoin

Hoskinson was one of the largest supporters of Cardano. Just a few days later he said that ADA would be greater than Ethereum, and he now stated that he is also better than Bitcoin.

in A recent interviewHe mocked opinions as people were urged to sell Ada and buy Bitcoin instead. According to him, Ada was not a “second -class citizen” and the price had a lot of capabilities.

“How much Bitcoin can go further? Maybe a million dollars, well, this is 10x.

Going with the excessive optimistic Hoskinson view, the price of Cardano will reach $ 800 if it gains 100x and 8000 dollars if it rises 1000x.

In sum, the ADA price appears to be a good place even if traders are selling now. If the price is the way the Crypto king analyst determines, reaching one dollar may be the first step towards a larger gathering.

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Welcome

Muthoni Mary is an analyst and writer in the experienced encryption market that has more than three years of experience deciphering Blockchain trends, price movements, and market dynamics. She holds a Bachelor’s degree in (Financial) Trade from Kenyatta University, and mixes the strong academic basis with the sharp eye of technical analysis and a deep understanding of the data on the series. Its work provides clear data -based visions that enable investors to move in the area of advanced digital assets with confidence. When the market does not analyze, Mary has reading and traveling.

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