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Cardano Analyst Projects $2 for ADA in 2027 as Price Trades Near $0.22

The Oct. 19 page check showed ADA 12.85% below its one-week reference price of $0.2481; MasterAnanda said $3 or higher was possible without assigning a date.

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A metal token rests below a series of rising steps. / TokenPost.ai
A metal token rests below a series of rising steps. / TokenPost.ai

Cardano (ADA) was displayed at $0.216 in an Oct. 19 price-page check as analyst MasterAnanda forecast that the token could approach $1 in the coming months and $2 in 2027.

MasterAnanda posted the forecast Oct. 18. He also described $3 or higher as possible but did not set a date for that level.

A price-page check at 11:47 a.m. ET (15:47 UTC) on Oct. 19 displayed ADA at $0.216, down 12.85% from its one-week reference price of $0.2481. That displayed price was between the $0.21 support area and $0.24 resistance level identified in an Oct. 16 technical review.

ADA's record price was $3.10 on Sept. 2, 2021. ADA is the native asset of Cardano, a proof-of-stake blockchain.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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