Despite a recent pullback, Cardano (ADA) supporters remain confident that the current trends of the cryptocurrency align with the 2020 patterns, predicting a possible price increase to $6.
Community Support and Expectations
Most crypto community members observing ADA's recent price development are actively discussing the potential of the cryptocurrency, projecting the possibility of reaching $6 before the bull cycle ends.
Cardano's Historical Achievements
In 2020, Cardano experienced one of the most significant rallies in its history. Starting the year at $0.032, it surged over 13,000% in a sustained rally lasting over 20 months.
Current Market Analysis
ADA reached a yearly high of $1.327 on December 3, followed by a correction. Despite the 42% pullback to $0.762, supporters believe the bullish momentum remains.
The support from the crypto community and Cardano's historical achievements add optimism to the expectations of ADA's future price growth.
