- Alex Becker targets new Cardano highs if Ethereum reaches $5,000 milestone
- FundStrat’s Thomas Lee projects ETH could hit $4,000-$5,000 this month
- Technical analyst sees ADA breaking key resistance levels toward $1
Millionaire YouTuber Alex Becker has outlined his price expectations for Cardano if Ethereum achieves the anticipated $5,000 level. The crypto influencer maintains his bullish position on ADA despite previous mixed sentiment toward the blockchain project.
FundStrat Chief Investment Officer Thomas Lee projects Ethereum could reach between $4,000 and $5,000 within the current month. This potential rally would likely trigger altcoin gains across the market, creating favorable conditions for Cardano’s price movement.
Becker Maintains Long-Term Cardano Conviction
Becker previously called for Cardano to gain four to five times from its March trading level around $0.735. The YouTuber has consistently backed ADA despite acknowledging the project “makes his skin crawl” from a personal perspective.
The influencer stated his belief that Charles Hoskinson ranks among crypto’s better leadership figures. This endorsement comes as Cardano continues developing its proof-of-stake ecosystem and smart contract capabilities.
Earlier predictions from Becker included claims that Cardano would outperform Solana during the current market cycle. He clarified that SOL could still rally but believes ADA offers superior portfolio returns for investors.
Technical Analysis Supports Price Recovery
Analyst Ali Martinez has provided complementary bullish analysis for Cardano’s trajectory. Martinez stated that ADA reclaiming the $1 level represents a question of timing rather than possibility.
Recent chart patterns show Cardano breaking above critical resistance on daily timeframes. The cryptocurrency gained 20% over the past week, pushing through the $0.84 supply zone that had previously acted as a barrier to upward movement.
Martinez identifies the next major resistance level at $1.05, which would need to clear for ADA to approach previous highs. The analyst’s technical framework suggests the current breakout pattern supports continued price appreciation.
Cardano last traded above $1 during early March, coinciding with market optimism following political developments around cryptocurrency policy. The timing aligned with increased institutional interest in digital assets and regulatory clarity discussions.
Current market structure shows altcoins positioning for potential gains if major cryptocurrencies like Ethereum achieve new price milestones. ADA’s market capitalization ranking at ninth place provides liquidity for institutional participation during rally phases.
