The price of Cardano (ADA) has risen by 5.99% in the past 24 hours to $0.8262, according to data from CoinMarketCap. The coin has bounced from a low of $0.7730 to a high of $0.8274.
The current price movement comes as the earlier ADA price analysis comes with speculation that the coin could soar to $1. Also, several onchain metrics, including the open interest that crossed the $1 billion threshold earlier, and the technical indicators, point to more breakout ahead.
On the daily chart, it is worth noting that Cardano price has retained its Golden Cross formation, showing that the bull market is still in play. As shown on the chart, ADA has maintained the golden cross since at least April 20, with the price surging by more than 17% in the past week.
The coin has retained its current price level following Bitcoin’s retest of $100,000 amid its adoption as a reserve asset by three states in America. However, the Cardano ecosystem is currently making a unique shift in its push to drive development and unleash new products to serve users.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资，kdj.com不承担任何责任。加密货币具有高波动性，强烈建议您深入研究后，谨慎投资！
如您认为本网站上使用的内容侵犯了您的版权，请立即联系我们（info@kdj.com），我们将及时删除。
