Given the current cryptocurrency market conditions, one potential Cardano price prediction would be that ADA is bullish above a triple bottom level of $0.4180. On the daily timeframe, Cardano has closed a strong green candle, indicating a strong possibility of a bullish reversal. However, a hybrid of mixed fundamentals is limiting ADA's upside.
Nevertheless, its market capitalization of nearly $14.8 billion places it in the top 10 cryptocurrencies. Claims have been made that Cardano's architecture makes it more efficient at running smart contracts than Ethereum. After all, ADA network creator Charles Hoskinson helped build the infrastructure for the cryptocurrency generally regarded as the "king of all altcoins."
Hoskinson ensured that his improvements to Cardano's smart contract performance would be as effective as possible. However, it appears that this progress will not be enough to spur the growth of the digital currency, as its price remains relatively low.
Cardano Price Review...
Read Full Story:
https://cryptonews.com/news/cardano-price-prediction-ada-preparing-for-100-mo...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.