Can ADA crypto really hit $ 20 by the end of the year?

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Today, crypto investors have reason to take a look at Cardano (CCC: ADA-USD) and the various Cardano price predictions circulating in the market. Indeed, one of the more stable cryptocurrencies in recent times, Cardano has essentially traded flat over the past month. Compared to other high-flying crypto tokens, Cardano has disappointed many investors.

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That’s not to say there isn’t a fair share of bulls on Cardano. A range of crypto experts have reinforced their belief that Cardano could take off again.

How bullish are these targets?

Well, some are suggesting that Cardano could hit $ 20 by the end of the year. Considering that such a move would imply that Cardano is a potential 10 bagging over the next two and a half months, it certainly raised eyebrows.

Let’s take a look at the Cardano target price range to see what kind of range the experts are currently putting on Cardano.

Cardano price predictions

For context, at the time of writing ADA is currently trading at $ 2.19 per token.

Ben Armstrong, known as @Bitboy_Crypto, recently identified the ADA as a $ 15- $ 20 token, given possible parabolic price action towards the end of the cycle. FxStreet suggests Cardano needs to break through the $ 2.60 level to see new all-time highs. CoinQuora has placed a price target of $ 10 on ADA if all goes well. Finally, WalletInvestor provides one-year and five-year price targets of $ 4.59 and $ 14.06, respectively, for ADA.

As of the publication date, Chris MacDonald does not have (directly or indirectly) any position in any of the stocks mentioned in this article. The opinions expressed in this article are those of the author, subject to the publication guidelines of InvestorPlace.com.

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