{"id":28520,"date":"2022-09-09T15:31:24","date_gmt":"2022-09-09T15:31:24","guid":{"rendered":"http:\/\/egrowonline.com\/?p=28520"},"modified":"2022-09-09T15:31:24","modified_gmt":"2022-09-09T15:31:24","slug":"cardano-ada-price-could-2x-in-short-to-medium-term-says-coin-bureau-host","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=28520","title":{"rendered":"Cardano ($ADA) Price Could 2X in Short to Medium Term, Says Coin Bureau Host"},"content":{"rendered":"


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The very popular pseudonymous host of crypto market commentary show Coin Bureau explained his short to medium term price prediction for $ADA.<\/p>\n

According to a report<\/a> by The Daily Hodl, in a video released on Thursday (September 8), \u201cGuy\u201d explained told the over two million subscribers of Coin Bureau\u2019s YouTube channel:<\/p>\n

\u201cIn recent weeks, Cardano\u2019s ADA has emerged as an ideal hedge against something going wrong with the merge and Cardano\u2019s own upcoming upgrade could supercharge ADA\u2019s price action.<\/em>..<\/p>\n

\u201cADA could rally as high as $1 as a result of Ethereum\u2019s merge and Cardano\u2019s own Vasil hard fork. This would work out to a 2x move in the short to medium term which is a realistic expectation especially since ADA\u2019s price action in fiat and ETH terms supports this target.<\/em>\u201c<\/p>\n

As for $ADA\u2019s long-term price outlook, he said:<\/p>\n


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\u201cThere are additional macro factors coming later this month that could take ADA and other cryptocurrencies even higher or much lower.<\/em>\u201c<\/p>\n

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