Cardano is one of the coins that’s have getting the attention of investors in the cryptoverse recently. It’s also one of the new coins as it was launched less than a year ago in September 2017. Just within the few months it has been in the market, Cardano has become one of the top 10 coins with a market capitalization of about $8.03 billion.
Cardano Price Prediction 2018: Technical Analysis
The price of Cardano (ADA) has seen exceptional movements since it was created. So, it is not easy to give an accurate Cardano price prediction. Notwithstanding, Cardano (ADA) has given us reason to believe that the price will perform well in 2018.
Cardano (ADA) Price Today
Considering the horizontal trends as well as the trading volume of Cardona (ADA), you’ll see that Cardano will improve by 35% before the end of 2018. It is currently selling at $0.307 and the technical charts show that it will get to $0.418 before the end of 2018. While this might appear like modest gains, it is more sustainable and getting 35% of your investment is worth it.
Cardano (ADA) Price Prediction 2018: Fundamental Analysis
This analysis is based on other variables like the effort of the team, the technology, and the market trends. According to our fundamental analysis, Cardano will sell as high as $2.50 by the end of 2018 and this will be very impressive. So, if you spend $200 investing in the ADA coin today, you’ll get $1628.66 before the end of 2018 if our prediction is correct.
Our fundamental analysis is based on the strength of the team, and the superiority of the technology.
All indicators show that Cardano (ADA) has a bright future this year. So, now you know that you should hold on to your coin and buy more if possible. Keep in mind, however, that the cryptocurrency market is still driven by speculation so only invest money you can spare. Don’t put all your money into a cryptocurrency investment.