Yes it most certainly can if it returns back to its ATH market dominance level of 4.27% and relative price to BTC at .0085%. Presently it is at approximately 2% and .0091% respectively. I can easily see in this bull run a price range of $3 - $10.
$3 is a very small thing for Cardano to achieve when the bull market reappears this year because at its ATH price Cardano has already topped over $3 this year, if anyone is still in doubt check out Cardano's charts for a special one for this year.