Press "Enter" to skip to content

Cardano Breaks $1.55, Crypto Analyst Expects $ADA Price To Go Over $10 by Year End

Cardano’s ADA token managed to extend to extend the rally that has made it one of the year’s best-performing cryptoassets, helped by the excitement surrounding the upcoming listing of Coinbase shares on Nasdaq.

Data from TradingView indicates that at 08:40 UTC on Wednesday (April 14), the Cardano price hit $1.5583 on crypto exchange Kraken, thereby setting a new all-time high.

One-Day ADA-USD Chart (Kraken) by TradingView

As for how high the Cardano price could go, on Monday (April 12), when ADA-USD was trading around $1.2779, crypto analyst Justin Bennett told his over 39.3K followers on Twitter that he expected $ADA price to 10x from current prices, meaning that he expects the price to go $10 before the end of 2021.

And on April 10, Bennett said that $10 is a “conservative” price target for Cardano:

At the time of writing (08:55 UTC on April 14), Cardano is trading around $1.4938, which that in the past 24-hour period, it has gone up 13.54% vs USD.

Yesterday (April 13), LunarCRUSH did an interview with IOHK CEO Charles Hoskinson.