Crypto News - Cardano (ADA) up 3,000% Compared to Last Year - Bitcoin News
- 3 years ago
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Analyst Benjamin Cowen forecasts Cardano's future growth will be on the rise.
Cardano's price will continue to increase in this market cycle, crypto analyst Benjamin Cowen talked about Cardano's (ADA) price action.
Cowen discusses the future of the seventh-largest cryptocurrency in an interview with Aaron and Austin Arnold, co-hosts of Altcoin Daily.
It is essential to keep in mind whether an altcoin is outshining Bitcoin in a booming market. Cowen states that a person anticipates an altcoin's USD price to increase during a bull market.
" ADA exceeds Bitcoin when the market is bullish, which is the only factor to hold it. Can it exceed Bitcoin? ADA can outperform Bitcoin in a bull market."
In spite of the reality that ADA is presently in a consolidation stage, it is already up more than 3,000% in the in 2015.
With regards to its existing price of $1.64, Cowen competes the smart contract platform could increase more than 500% throughout this market cycle.
The ADA play is a long-term one. Buying at $1.37 is riskier than buying at $0.02. But ultimately, I am confident the business will continue to carry out."
"Whether it's $5 or $10 is your choice. If I'm incorrect and it goes higher than $10, it's fine if I'm wrong," Cowen included.
In particular after Ethereum loses some steam, Cowen expects value to increase for ADA in relation to USD.
Cowen states there might be some hard pullbacks on the method up.
⭐ Watch more videos here: https://www.youtube.com/channel/UC0tBiZtrJ56vGCHAkWdjvSw
Analyst Benjamin Cowen forecasts Cardano's future growth will be on the rise.
Cardano's price will continue to increase in this market cycle, crypto analyst Benjamin Cowen talked about Cardano's (ADA) price action.
Cowen discusses the future of the seventh-largest cryptocurrency in an interview with Aaron and Austin Arnold, co-hosts of Altcoin Daily.
It is essential to keep in mind whether an altcoin is outshining Bitcoin in a booming market. Cowen states that a person anticipates an altcoin's USD price to increase during a bull market.
" ADA exceeds Bitcoin when the market is bullish, which is the only factor to hold it. Can it exceed Bitcoin? ADA can outperform Bitcoin in a bull market."
In spite of the reality that ADA is presently in a consolidation stage, it is already up more than 3,000% in the in 2015.
With regards to its existing price of $1.64, Cowen competes the smart contract platform could increase more than 500% throughout this market cycle.
The ADA play is a long-term one. Buying at $1.37 is riskier than buying at $0.02. But ultimately, I am confident the business will continue to carry out."
"Whether it's $5 or $10 is your choice. If I'm incorrect and it goes higher than $10, it's fine if I'm wrong," Cowen included.
In particular after Ethereum loses some steam, Cowen expects value to increase for ADA in relation to USD.
Cowen states there might be some hard pullbacks on the method up.
⭐ Watch more videos here: https://www.youtube.com/channel/UC0tBiZtrJ56vGCHAkWdjvSw