Cardano (ADA) is finally in the third stage of the current market cycle, with analysts predicting a massive 4,500% price augment to $15. This projected price augment is expected to provide committed investors and holders with a compact window of opportunity to profit from the popular altcoin.

Cardano (ADA) set for $15 price augment

Cryptocurrency analyst Remi Benays has announced on X (formerly Twitter) that Cardano is at a key point in this market cycle, characterized by the potential prices are rising to novel record levels around $15. Sharing a historical price chart of Cardano, Benays highlighted a unique, recurring bullish pattern in the cryptocurrency’s movements from 2018 to the present.

The analyst noted that Cardano went through a period of earnest price dropfollowed by a period of consolidation, an apparent rebound and ultimately a acute augment in prices.

To be more precise, cryptocurrency crashed by 98% between 2018 and 2019, then experienced a false rebound on the ghost chain around 2020 and early 2021, and then exploded to an astonishing 18,000% augment following the 2020 Bitcoin halving.

Benays identified a similar trend from 2021 to 2024. The analyst revealed in his chart that ADA fell by a whopping 92% in 2023 before experiencing a double false bounce around April 2024.

Considering that the Bitcoin halving event ended on April 20 this year, Analyst predicts mega pump to $15 per ADA by 2025. This significant price augment would raise ADA’s market capitalization to $500 billion from its current value of $11.9 billion. Furthermore, it would represent a huge augment in prices over 4500% for altcoin.

While some may consider Benays’ $15 forecast for ADA to be overly ambitious, the analyst predicted an even more positive scenario. He expects ADA to continue to rise from its initial $15 target to $31 by 2026. A rally to that significant price level would put Cardano Market Capitalization at the level of $1 trillion, exceeding the total valuation Salt (NO) and Ethereum (ETH).

Analyst Offers More Conservative XRP Price Forecast

Taking a more conservative approach, cryptocurrency analyst Sssebi has Planned augment 20X to 30X Cardan over the next 12 months. The analyst revealed that Cardano is “exactly where it was last cycle around this time,” suggesting the cryptocurrency is well-positioned for a significant rally.

He designed that Cardano could potentially reach a low of $5 by 2025 and a high of $10 at the top of a bull market. ADA is currently trading at $0.33, reflecting a 2.58% decline over the past week. A jump to $5 or even $10 would require the cryptocurrency to grow by around 1,415% and 2,930%, respectively.

Featured image created with Dall.E, chart from Tradingview.com