Cardano Will Probably Double “Out of Nowhere”: Crypto Expert
Cardano permabull Dan Gambardello has continued to hint at an explosive Cardano move, recently arguing that the token could increase twofold out of nowhere.
His analysis sounds a clarion call to those sleeping on Cardano, especially as the token enters a recovery state. After a few weeks of a sideways price trend, ADA has started to recoup lost ground, rallying over 3% over the past 24 hours.
A Glimpse of Things to Come for Cardano
Nonetheless, Gambardello suggested that this is just the start for Cardano. He shared in his Cardano price prediction that while many are still trying to observe the token’s price action, it will double “out of nowhere.”
However, Cardano will continue to thrive even with the sales. Notably, this aligns with the view that the market moves in the opposite direction to crowd sentiment, with such contrarian play widely known to benefit the brave.
Moreover, the top analyst emphasized that this resilience would prompt people to reevaluate their bearish positions and trigger panic buying. When they do, prices will consolidate.
He added that the same cycle of selling during brief dips and buying the top would continue with Cardano persistently climbing to higher prices.