Here is when the ADA price will hit a new ATH
The crypto market has seen remarkable growth recently. In the initial stages, as usual, Bitcoin dominated the market. Recently, Altcoins have taken center stage, with cryptocurrencies such as Cardano showing a remarkable resurgence. In the last 30 days, Cardano has shown a growth of 155.2%. Where is the ADA market headed? Let's understand what the experts think.
ADA current performance
On November 6, the price of ADA stood at $0.3246. By the end of November, it had reached as high as $1.0815, marking an impressive monthly gain of 213.35 percent. In November, the market saw three corrections: two minor corrections of 7.5% and 5.1% and a major correction of 11.38%.
ADA's performance this month looks unremarkable. Between December 1 and 6, the market fluctuated between $1.0773 and $1.2304. The market is down approximately 9.3% in the last three days.
In a recent post, crypto expert Michael van de Pop suggests that Cardano's value has been in the currency's previous range.
Key entry points for traders
Highlighting opportunities in the current market conditions, van de Pop opines that $0.75 and $1 are ideal entry points for swing traders. The chart he shares with the article strongly supports his argument.
New all time top predictions
In particular, the cryptocurrency expert is very optimistic about the future of Cardano. Underscoring how exciting the coming year will be for the Cardano market, van de Pop predicts a new all-time high readability for ADA by 2025.
In conclusion, Cardano offers interesting opportunities for swing traders, promising growth prospects. In the year As 2025 approaches, many will be eager to see whether Van de Pop's predictions of a new ATH come true.