Cardano (ADA) Price Prediction: Cautiously Optimistic
The strong Cardano price rebound experienced last week has faded. ADA is trading at $2.058, which is slightly above this month’s low of $1.86. It is also about 32% below the lowest level in September this year. Its total...
The strong Cardano price rebound experienced last week has faded. ADA is trading at $2.058, which is slightly above this month’s low of $1.86. It is also about 32% below the lowest level in September this year. Its total market cap has dropped to about $65 billion, which is lower than the all-time high of $90 billion. Explaining the ADA price action Cardano is a blockchain project that was built by Charles Hoskinson, a former Ethereum co-founder.
Crispus Nyaga is a self-taught financial analyst and trader with more than seven years in the industry. He has worked for some of the biggest brokers in Europe and Australia as an analyst, coach, and course creator. He has a wealth of experience in equities, currencies, commodities, and global macroeconomic issues. He has also published for prominent financial publications like SeekingAlpha, Forbes, Investing.com, and Marketwatch.
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