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Jakarta, Pintu News – After reaching a multi-year peak in December, the price of Cardano ADA->Current ADA PriceRp 0Market Cap-Trading Volume-Circulating Supply- has experienced a 46% decline, resulting in a loss of $18 billion in market value. While this decline is in line with the performance of other altcoins, technical and fundamental analysis suggests that buying and holding 10,000 ADA coins could be life-changing.
On Monday, Cardano’s price was at $0.7162, so a purchase of 10,000 coins would cost around $7,155. According to analysts, holding this coin in the long term promises substantial returns. Ali Martinez, a popular crypto analyst, predicted in a post on X that the coin’s price will surge up to $10 if it can hold above the $0.80 support.
The increase would provide a return of 488% from current levels, meaning 10,000 Cardano coins would be worth $100,000. A recent article from CoinGape quotes an analyst predicting that the Cardano price could reach $20. If this were to happen, the value of the investment would reach $200,000, an amount that could be life-changing for many people by allowing them to make down payments on houses, school fees, and other essential needs.
Also Read: Ethereum Prediction: Recovery or Bearish Signal? Here’s the Mid-March 2025 Technical Analysis!
Several bullish factors support Cardano’s price rise. The odds on PolyMarket for a spot ADA ETF have increased, signaling that many analysts expect the approval. The move is expected to attract more investment from Wall Street investors.
Cardano has also been mentioned as one of the key coins in Donald Trump’s crypto strategic reserve. In addition, Cardano is considered the most decentralized blockchain in the crypto world and recently became the first to have a ratified constitution.
Buying and holding 10,000 Cardano coins could also be profitable once the current consolidation phase ends. The weekly chart shows that ADA has been on a decline after reaching a peak of $1.3253 in 2024. Currently, the price is moving into the second wave of the Elliot Wave pattern, which is usually a corrective phase and is followed by a third, longer bullish phase.
Therefore, the value of Cardano may continue to increase as the bulls target the 61.8% retracement point at $2. It is expected that the price will continue to rise and retest the previous record high at $3, followed by further gains. This bullish prediction will become invalid if the price drops below the key support at $0.5145, which will validate the Elliot Wave pattern and indicate a potential further drop to $0.20.
With various analyses and predictions describing Cardano’s potential price rise, holding 10,000 ADA coins is not only a promising investment but could also be a life-changing move. Factors such as ETF approval, high decentralization, and support from important figures add to Cardano’s potential price rise in the future.
Also Read: XRP Predictions and Impact on Crypto Market: 8% Drop After Positive Trend March 2025
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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