Some of the People & Mostly traders assume the price of Crypto according to their experiences and knowledge. I want to know is Assumptions is working on this Space?
Like Recently I See this
I wouldn't say so much assumptions but educated guesses based on market behaviour and investors sentiment.Like Recently I See this
And coming back to the underlying question, can ADA reach $5? I think if given enough time (see I can't yet specify a time but instead speculate on its future value) then I think it's likely.
The market seems to be in a good place right now and who knows where the Alonzo update will take it right? We'll see but when it comes to large coins like this - they usually tend to perform well over time, given that the market enables it to.