A crypto analyst made bullish predictions for Cardano and stated that Cardano (ADA) has the potential to reach $47 by the end of the year. On the other hand, he also revealed his surprising predictions for BTC, ETH, LINK and COTI. Here are the details…
Many innovations announced in the Cardano ecosystem
Cryptocoin. com, although the cryptocurrency market was initially affected by China’s crypto measures, it is currently trading sideways. With the end of the Cardano 2021 summit, news about the Cardano ecosystem began to appear in the market. Cardano maintains its presence on healthcare, Telecom, artificial intelligence and many other major platforms.
Cardano is now entering the healthcare industry as well. The artificial intelligence robot developed by Awakening Health will diagnose problems and interact with patients in an empathetic way. This artificial intelligence can speak Korean and English. This can help against crises in the medical industry. In addition, the Cardano ecosystem has made a significant effort to step into the telecom industry by partnering with the Fortune 250 company Dish network.
Analyst: ADA could rise to $47
After the release of Cardano’s Alonzo hard fork on September 12, 2021, the platform urged community members to have reasonable expectations. The ecosystem works patiently with long-term gains in mind, and recent collaborations are proof of that. So how can these efforts affect the ADA price? According to one analyst, the ADA price will rise to 20 times its current price.
Despite the recent bear market, Cardano price has remained almost stagnant, holding the support levels tightly between $1.90 and $2.40. A crypto analyst, Altcoin Gordon, has made bullish predictions for Cardano. According to the analyst, Cardano price has the potential to reach $47 by the end of the year. At the end of his tweet, he asked about his followers’ price expectations. In response to his tweet, there were many people who said they were patiently waiting for the big breakthrough for the ADA price.
Analyst says Bitcoin price will skyrocket and altcoins will follow
According to analyst Altcoin Gordon, Bitcoin price could reach $98,750 by the end of the year. He predicts that the Ethereum price could trade between $8,500 and $9,250 in late 2021. The analyst also added that the COTI price will rise to $1.75 and the LINK price has the potential to reach $96 by the end of 2021.