ADA Coin Price Could Hit 8 USD During Bull Cycle
In the current market situation, market analysts are making strong predictions about the prices of crypto assets, especially altcoins.Cardano (ADA)is one of the assets that is expected to have an upward price adjustment in the long term.

Analyst Ali Martinez, a market observer and a prominent cryptocurrency investor, presented his observations and expectations about the cryptocurrency ranked 8th in terms of market capitalization.

In a recent article shared with X, the analyst highlighted a chart pattern that appears to be a repeat of one spotted in 2020, when the pandemic caused a sharp decline in the markets Cryptocurrency has caused ADA Coin to experience a notable price drop.

If ADA Coin completely repeats this chart pattern, the asset could continue to be in a consolidation phase for the next four months, as the analyst sees it.

“If the chart patterns align and Cardano repeats its price behavior in late 2020, we can expect ADA Coin to remain in a consolidation phase until April 2024, opening up opportunities for the next price increase!” – Ali Martinez.
Source : https://cointrading.asia/ada-coin/