The post Ethereum and Cardano Price Prediction: Is $5K ETH and $5 ADA on Horizon? appeared first on Coinpedia Fintech News
The crypto market is looking strong right now, but what’s even more interesting is how altcoins are outperforming Bitcoin. Over the past week, Bitcoin’s market dominance has dropped by more than 6.3%, and traders are starting to shift their focus.
Between July 13 and 21, altcoins like Ethereum, Cardano, and Solana have shown more momentum than BTC. While Bitcoin has stayed relatively flat, ETH and ADA have posted double-digit gains, and the trend might just be getting started.
Ethereum Price Prediction
Ethereum has had an impressive rally this month. It started in July at around $2,406, and as of now, it’s up over 52%, recently touching $3,638.97. Just between July 8 and 21, it gained nearly 48%, supported by a strong run of green candles — at least 12 in that stretch.
Even with a slight 2.9% dip in the past 24 hours, Ethereum’s bullish momentum still looks solid. Fundstrat’s Thomas Lee believes ETH could reach $4,000 to $5,000 by the end of this month.
Crypto commentator Alex Becker agrees. He recently said that if Ethereum hits $5K, we could see other altcoins, especially smaller-cap ones, follow with explosive gains.
Altcoins Riding the Ethereum Wave
Ethereum isn’t alone. Other major altcoins are riding the wave too:
Cardano (ADA) is up 18.8% this week
Solana (SOL) jumped 22.9%
XRP rose 21%
BNB gained 11.6%
This shift is reflected in the drop in Bitcoin dominance, which typically signals that more money is flowing into altcoins. In past cycles, this has often marked the start of an altcoin season, and many traders believe that’s exactly where we are now.
Cardano Price Prediction
Cardano has been quietly building momentum. It started the month at $0.5416, and recently crossed $0.8604, a gain of over 60% in just three weeks. Between July 2 and 21, ADA recorded at least 17 bullish candles, showing sustained buying pressure.
In the last two weeks alone, ADA has climbed 50.4%, with only a small 1.8% dip in the past 24 hours, a healthy sign of consolidation.
What’s even more surprising is Alex Becker’s change of stance. Once skeptical about Cardano, he now predicts ADA could go as high as $5, especially if ETH crosses the $5K mark. That would be a massive 474% jump, and it shows growing confidence in Cardano’s tech and roadmap.
What to Watch Next
Ethereum is clearly the altcoin leader right now. If it crosses $4K or $5K, expect the broader market to follow.
Bitcoin dominance is weakening — a classic sign that altcoins are gaining strength.
If momentum continues, altcoin season could take off in full swing.
Investors are watching closely, and confidence is building. While short-term corrections are always possible, the overall trend is showing strength — especially in Ethereum and Cardano.
function subscribed_popupmodal(template_id) {
var templateId = ‘6’;
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’);
if (subcribemodal) {
var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
if (storeCheckedId.length === 0) {
var unsubcribedPopUpmodal =
`
You’ve Unsubscribed Successfully
We’re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community!
Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community!
`;
let selectedSubscriptionsArray = selectedSubscriptionsString.split(‘,’);
let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(‘_’)[0]);
let subscribedCategoriesString = subscribedCategories.join(‘, ‘);
subscribedmodal.innerHTML = subscribedPopupModal;
if (document.getElementById(‘selectidname’)) {
document.getElementById(‘selectidname’).textContent = subscribedCategoriesString;
}
function closeModal(template_id) {
var modalId = template_id;
var modal = document.querySelector(‘#’ + modalId); // Using querySelector to find the modal
// Function to get cookies
function getCookie(name) {
let value = “; ” + document.cookie;
let parts = value.split(“; ” + name + “=”);
if (parts.length == 2) return parts.pop().split(“;”).shift();
}
// Get user token from cookies
const userToken = getCookie(‘user_token’);
if (subscribewithoutData === ‘true’ && userToken) {
// Call the modal function with the category ID
subscribed_popupmodal(subscribe_clicked_cat_id);
// Remove the flag and category ID from localStorage
localStorage.removeItem(‘subscribe_without_Login’);
localStorage.removeItem(‘subscribe_clicked_id’);
}
});
var listItems = document.querySelectorAll(‘.subscription-options li’);
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
if (checkbox.checked) {
item.classList.add(‘active’);
anyActive = true; // Set anyActive to true
} else {
item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked
}
}
});
}
function updateButtonText(anyActive) {
var subscribeButtonSpan = document.querySelector(‘.subscribe-submit .changeBtnText’);
if (subscribeButtonSpan) {
if (anyActive) {
subscribeButtonSpan.textContent = ‘Subscribe Now’;
} else {
subscribeButtonSpan.textContent = ‘Unsubscribe’;
}
}
}
function updateSubscriptionButton() {
var listItems = document.querySelectorAll(‘.subscription-options li’);
if (listItems.length === 0) return;
var anyActive = false;
listItems.forEach(function(item) {
var checkbox = item.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
if (checkbox.checked) {
item.classList.add(‘active’);
anyActive = true; // Set anyActive to true
} else {
item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked
}
}
});
// Update the button text based on whether any list item has the ‘active’ class
updateButtonText(anyActive);
}
document.addEventListener(‘click’, function(event) {
var clickedItem = event.target.closest(‘.subscription-options li’);
if (clickedItem) {
var checkbox = clickedItem.querySelector(‘input[type=”checkbox”]’);
if (checkbox) {
checkbox.checked = !checkbox.checked;
updateSubscriptionButton();
}
}
});
FAQs
How is the crypto market doing today?
The global crypto market cap is around $3.91 trillion, with Bitcoin trading near $118,226 (down about 0.47%). While some altcoins like SPK and CTK show gains, many top altcoins are seeing slight pullbacks today after recent rallies.
What does the weakening Bitcoin dominance indicate for the market?
Weakening Bitcoin dominance is a classic sign that more money is flowing into altcoins, often marking the start of an “altcoin season” where altcoins significantly outperform BTC.
Which altcoins are showing strong momentum besides Ethereum?
Cardano (ADA) is up 18.8%, Solana (SOL) jumped 22.9%, XRP rose 21%, and BNB gained 11.6% this week, indicating a broader altcoin surge.
