📣 Cardano Price To Hit $1.45 If $ADA Holds This Key Support, Top Analyst Predicts

A top analyst predicts Cardano price rally to $1.45 in the coming days if it holds above a crucial support level as #ADA noted strong recovery today.

The Cardano price was on the investors’ radar today, with a gain of over 3% after a recent volatile trading. The surge in ADA comes amid a recovery noted in the broader crypto market after volatile trading recently. Amid this, a top market expert has recently said that ADA is poised to hit $1.45 if the crypto can maintain critical support ahead.

#Cardano Price Soars Amid Broader Market Recovery

The crypto market went through volatile trading over the past few days, weighing in the investors’ sentiment. Top altcoins like Solana, XRP, ADA, and others, have also taken the hit from the recent market volatility. Besides, it also fueled concerns about the future of the altcoins season.

However, the recent recovery in the market indicates that the bull run is not over yet. Cardano price also recorded a strong surge today, indicating strong market confidence in the asset. In addition, analysts also remained bullish on the long-term trajectory of the coin.

Meanwhile, the optimism over the cryptocurrencies issued by the US-based firms has also increased recently with Donald Trump’s election win. In addition, Cardano Founder Charles Hoskinson’s backing of Trump has also gained notable traction from the market. Besides, the Republican victory has also fueled speculations over a potential Cardano ETF approval in the US.

For context, ETF Store President Nate Geraci has earlier predicted a flurry of altcoin ETF filings in the US after Trump’s win. In an X post, he said that Solana, XRP, and HBAR have higher chances of witnessing ETF filings. Besides, he also noted that “at least one issuer” would file for ADA or AVAX ETF as well. This reflects the pro-crypto regulatory anticipation under the Trump administration.