- Alex Becker predicts ADA could surge to $4–$5, citing current low prices as an ideal buying opportunity.
- Becker’s past successful crypto predictions highlight his bullish stance on Cardano’s potential for significant gains.
- ADA’s recent technical indicators show signs of a breakout, with key support at $0.6950 and potential resistance at $0.786.
Popular cryptocurrency influencer Alex Becker, who has more than 2.6 million followers, is once again causing a stir in the industry. He recently forecasted that Cardano ($ADA) may see a spectacular spike, potentially hitting $4–$5 per coin. Becker, who has a proven track record for accurate crypto predictions, highlighted Cardano’s current price as an incredible buying opportunity. According to him, ADA’s value is ridiculously low and presents a massive chance for significant gains.
Becker’s Track Record and Current Prediction
Becker’s insight into the crypto market has often been on point. He famously predicted the explosive growth of several AI tokens, which surged in value shortly after his forecasts. Besides, his bullish outlook on Cardano is causing quite a stir.
Despite previously criticizing the asset, Becker now sees it as a solid investment that could deliver substantial returns. He insists that now is the time to buy ADA and other high-quality digital assets, as the current market dip presents a huge opportunity.
Technical Indicators for Cardano’s Reversal
From a technical standpoint, per crypto analyst CryptoChainX, Cardano ($ADA) is showing signs of a potential breakout. As of now, ADA is trading above key support at $0.6950, with green candles appearing on the 2-day chart. This indicates an imminent price movement, with targets set at $0.7500 and $0.8000.
Additionally, ADA recently broke out of a descending channel that had seen the coin’s price fall steadily throughout the start of 2025. As a result, the current trajectory appears to form a rounded bottom pattern, signaling a possible reversal in price.
Fibonacci retracement levels also work in favor of the bullish expectation, with key resistance zones at $0.786, $0.618, and $0.50. These are potential obstacles ADA will face in its continued rise. However, the chart also predicts that a breakout over these levels could see ADA reaching $2.00 around mid-2025, with further upside potential in the case ofthe continued bullish trend.
