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Cryptocurrency News Articles

Cardano (ADA) Price Prediction: Will ADA Rally to $5 in April 2025?

Mar 25, 2025 at 08:51 pm

Cardano (ADA) price has outperformed top companies listed on the S&P 500 index, with investors now anticipating a parabolic rally towards $10

The price of Cardano (ADA) has outperformed top companies included in the S&P 500 index, with investors now anticipating a parabolic rally towards $10 in April 2025.

Some countries might be exempted from reciprocal tariffs, according to President Trump.

As President Trump hints at tariffs on some countries, crypto investors are focused on Cardano price and why it has outperformed top companies included in the S&P 500 index.

Over the last six months, holders of Cardano have received an 87% return on their investment in the cryptocurrency. In comparison, investors who bought Tesla (NASDAQ:) or Amazon (NASDAQ:) recorded a 7% and 4% return on their investment, respectively.

Meanwhile, those who bought Nvidia (NASDAQ:) six months ago have seen less than a 1% gain while Microsoft (NASDAQ:) investors are still in the red.

Outperforming S&P 500 Index

The top cryptocurrency has outpaced Bitcoin (BTC) and Ethereum (ETH) in the last six months. During this period, ADA has risen by more than 102%.

In contrast, BTC has posted a 38% return while Ethereum returns have been negative at 20%.

Cardano’s returns since the last quarter of 2024 indicate that this top altcoin is still a good investment despite the recent pullback.

Moreover, the ongoing shift in investor sentiment after a sharp rise in the fear and greed index to a near-neutral level suggests that a bullish reversal could be near for ADA.

Will Cardano Price Rally to $5 in April 2025?

Cardano price today trades at $0.75 after a 3% gain in 24 hours. Several analysts have shared a bullish Cardano price prediction, with the price now eyeing a possible rally to an all-time high past $5.

Analyst CW identified that ADA was trending within an ascending parallel channel on the weekly chart. He added that if the altcoin flips resistance at the midline, it will not only cause a price rally to $5 but also push it towards $15.

The short-term outlook further suggests that Cardano is one of the top altcoins to buy as the price gears for an uptrend toward $5 in April 2025.

Per another analyst, ADA is defending support at the lower trendline of a descending parallel channel. If it breaks this resistance at the upper trendline, it could spark a rally to the psychological level of $1.

These predictions hint at a possible turnaround for Cardano price next month.

Moreover, besides the bullish thesis from analysts, other factors like the possible launch of a spot Cardano ETF could drive this price rally.

The post As Trump Might Exempt Some Countries From Tariffs, Investors Anticipate Parabolic Rally For Cardano To $10 In April 2025 appeared first on TokenPost | Latest Web3, NFT, Metaverse and Crypto News.

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Other articles published on Mar 30, 2025