Cardano (ADA) is currently one of the leading cryptocurrency tokens that has been toiling hard to gain significant price momentum. Despite the market oddities, ADA has emerged stronger than ever, defying market forces while relentlessly pursuing newer price paths. Here’s how Cardano may continue to perform, targeting some high-price pedestals in the short and long term.

Also Read: $1K in ADA vs SOL: Here’s What You Could Earn by 2030

Cardano ADA: Short-Term Price Targets Revealed

Cardano ADA
Source: Capital.com

Cardano (ADA) is currently one of the most happening ecosystems to interact with. ADA has recently launched Midnight, a sidechain prioritizing user security and privacy as its core network component.

“First revealed in 2023 and developed by Input Output (IO), the team behind Cardano, Midnight Network is designed to support confidential smart contracts using Zero-Knowledge Proofs (ZKPs). Unlike traditional privacy coins such as Monero or Zcash, Midnight allows selective disclosure, giving users control over what data is shared and with whom.”

At the same time, Ali Martinez, a notable cryptocurrency analyst, took to X to share recent ADA price developments. Per Ali, ADA is currently exploring bullish waves and may target $0.90 to $1 in its latest price push. The expert shared how Cardano is busy breaking a key resistance level, which can help the token surge to new price highs worth the $1 price mark.

“Cardano (ADA) is breaking through a key resistance level, opening the door for a rally to $0.90–$1.20!”

Long-Term Price Target: How High Can the Token Surge This Cycle?

While Ali Martinez is focusing on modest price hikes for Cardano, another crypto expert, Investing Broz, has given a new price mark for the token to breach and ace.

Per the expert, Cardano is breaking a key level of resistance, which can help the token ace and sit at a high price mark of $1.90 shortly. At the same time, the analyst stated how ADA has the potential to reach $6 to $12 before the current cycle ends.

“JUST IN: Investing Broz says, “#Cardano’s breaking out above a resistance level we haven’t been above since March 1st. This means a breakout price prediction towards $1.90.” Investing Broz targets between $6.00 and $12.00 $ADA this cycle.”

Also Read: Cardano ADA to $1? ADA Rides 10% Wave

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