Crypto Expert Warns: Don’t Sell Your Cardano (ADA) Now – This Is Why

Popular analyst going by the name Mr. Banana has issued a bold message to Cardano (ADA) holders: don’t sell yet. According to his latest analysis, ADA price could be heading for a big rally this cycle, potentially reaching as high as $5. That’s a significant jump from its current price of around $0.72, but Mr. Banana believes the move is possible.

In a tweet shared earlier this week, the analyst said ADA will not only revisit its previous all-time high of $3.10 but also break through it. He explained that selling before ADA reaches $5 means missing out on what he believes is its full potential during this cycle. 

While Cardano price is down by just under 4% on the day, following a small correction from a recent peak of $0.76, the analyst maintains that the long-term trend is still to the upside.

Speaking in response to an inquiry on what informed him so much confidence in the $5 price prediction, Mr. Banana spoke of the fundamentals backing the Cardano ecosystem. He didn’t go into detail, but several ongoing developments could help support his view.

Cardano is actively expanding its role in Bitcoin DeFi. The recent rollout of the Lace Wallet is one example of how the network is growing in functionality and user adoption. Momentum is also building around the possibility of a Cardano spot ETF. Bloomberg ETF analyst Eric Balchunas recently suggested there’s a 90% chance that a Cardano-focused investment product could be approved before the end of 2025.

Cardano has also been added to the U.S. crypto stockpile, a list of assets that are being closely followed by regulators and government entities. Apart from that, Cardano founder Charles Hoskinson has been mentioned in crypto political talks, including those surrounding Donald Trump’s campaign.

Read Also: Kaspa (KAS) Price Prediction For Today (July 15)

All such developments have helped rekindle interest in ADA, especially among long-term investors. The broader Cardano community remains optimistic, and some analysts believe the price could go even higher than $5. Other parallel forecasts suggest that if current momentum continues, ADA price might even make a run at $10 before this cycle is over.

For now, Mr. Banana’s message is simple: hold your ADA. From his perspective, selling early could mean missing out on the bigger move still to come.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

CaptainAltcoin
Logo