Cardano (ADA) Will Pick Up Pace Soon Reaching Over $3
Cardano (ADA) is considered as one of the top 5 cryptocurrency in the market. The price of ADA is expected The post has appeared first on thenewscrypto.com
19 mins ago | 2 mins read
Altcoin News - Cardano (ADA) is considered as one of the top 5 cryptocurrency in the market.
- The price of ADA is expected to hit back its new ATH soon.
Cardano (ADA) is considered as one of the top 5 cryptocurrency in the market. Currently, ADA holds 4th position on CoinMarketCap. ADA is on a weekly bounce right now from the $1.9 mark to ATH of $3.16.
Moreover, ADA sellers pushed the price down to $1.89. On August 16, this level stands as the start of the last two weeks’ rally. As per CoinMarketCap, the ADA price is trading at $2.11 with a 24-hour trading volume of $4,750,535,352, at the press time.
ADA/USDT Price Chart (Source: TradingView)An ascending channel is created by joining the swing lows with a lower trend line and the swing highs with an upper channel line. A breakout above an ascending channel may represent that the upward trend will continue, whereas a breakdown below an ascending channel may indicate that the trend will change.
The price of ADA is expected to hit back its new ATH $3.10 soon. Even more, the price of ADA can reach great heights soon.
Sidney Vollmer of the Cardano Foundation asked the community members of Cardano to keep an eye on some mind-blowing partnerships at the Cardano Summit. This will occur in the upcoming weekend on September 25-26.
Furthermore, the announcement could be a sign of the upcoming things to come. More so, upcoming discoveries can make the ADA price higher.
Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us
