Cardano says the price will increase by October Ben Armstrong – here's how far it can go

Crypto analyst and influencer Ben Armstrong expects the Cardano rally to continue over the next six months. Armstrong estimates that Cardano (ADA) will reach $ 8.00 by October 31st. At this point, he says, investors will start taking profits. "At the end of the altcoin cycle, I think it will be around Halloween, I see Cardano reaching $ 8. I see a lot of people asking it to come back to $ 10. And I think people are going. Making profits between $ 8 and $ 9 – and this will be the end for a while. At the time of writing, Cardano is trading at $ 1.23 and is expected to gain over 700% to reach a price target of $ 10. Armstrong explained that he believes Cardano will "be around for a long time" as adoption increases. We see some institutions that look at either. I think there is a reason for this. They understand the long-term game, the slow roadmap. "The cryptocurrency influencer and analyst adds that he believes the upcoming Initial Public Offering (IPO) is on the rise for cryptocurrencies, including Bitcoin.“… I think the Coinbase IPO contains a lot of positive manipulation. Because it's good for Coinbase. If you look at Coinbase valuation, it is directly related to the Bitcoin price. “There are a lot of people with a lot of money in crypto. And most of these people are linked to Coinbase. We know that Coinbase was in the laundry business a few years ago. So we know it's not covered. Now, of course, they could probably store a little better. I think it would be beneficial for everyone, including Coinbase, to have a higher Bitcoin price on the first day of April 14th. Follow us on Twitter, Facebook and Telegram. Surf the Daily Hodl Mix Check out the latest headline news Disclaimer: On The Daily Hodl i opinions expressed Read more

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