Analyst Predicts Cardano Price Will Hit $6, Here’s When

1 month ago 24

Analyst Reveals Cardano Price Will Hit $6, Here’s When

Crypto analyst Ali Martinez has made a bold prediction for the Cardano price, stating that it will reach $6 in this market cycle. The analyst went further to provide a timeline for when exactly ADA will reach this target based on historical trends.

When Cardano Price Will Reach $6

In an X post, Ali Martinez stated that the Cardano price will reach $6 by July to September 2025. The analyst made this ADA price prediction based on historical trends.

Martinez’s accompanying chart showed how the ADA price witnessed a rally of over 4,000%, which began in November 2020 and led to the coin reaching its current all-time high (ATH) of $3.10 in September 2021. The analyst believes Cardano can witness a similar run again and rally over 2,200% to reach $6.2.

The chart also showed that the Cardano price rally to this target had begun since the fourth of this month. Indeed, this might be the case as CryptoRank data showed that the crypto is up over 90% since the start of this month. ADA has also increased by over 20% in the last 24 hours.

This bullish outlook for the ADA price follows Cardano’s founder, Charles Hoskinson, confirming that he will serve as a crypto advisor in the Trump administration. Meanwhile, Bitwise recently filed a multi-crypto ETF application, which will include ADA.

A Rally To $1 Might Be Imminent

Crypto analyst Sebastian indicated that the Cardano price could rally to $1 in the short term. In an X post, the analyst highlighted a bullish pennant that had formed on ADA’s daily chart. He added that the breakout target is $1.

Interstingly, Sebastian recently raised the possibility of the Cardano price reaching $20 in this market cycle. The analyst noted that ADA’s market cap would be $700 billion if it reached this price target. The analyst suggested this price target was feasible since the Ethereum price reached a $560 billion market cap last cycle.

According to him, two important factors could send ADA to that price. First, he mentioned that this could happen if Bitcoin holders started investing heavily in the Cardano ecosystem after Cardano became Bitcoin’s layer-1 for smart contracts. The second factor he mentioned is whether Hoskinson will eventually become a crypto advisor in Trump’s administration.