Cardano (ADA) price is enroute to significant appreciation. The price is going to surge soon. So, if you don’t have it in your portfolio, this would be the best time to purchase it. During the lastest bullish take over in the cryptocurrency market, Cardano (ADA) price did well. After starting July at $0.134 ADA has appreciated all the way to $0.166. At the time of writing, the cryptocurrency was trading at $0.1519 according to CoinMarketCap. Even if the price has gone down, the trend is still green.
Cardano (ADA) Price Prediction
Compared to last week’s price movement, Cardano (ADA) price is up by 23% making it the highest gainer of the week among the top 10. There is a lot of positive sentiment for the ADA/USD pair. There is a significant support line near the previous $0.145 resistance.
Cardano (ADA) Price Today / USD
Cardona (ADA) is most likely going to rise more soon. CEO of IOHK and Cardano, Charles Hoskinson, has been working hard to make the Cardano blockchain the best in the industry and increase the value of the ADA coin. Recently, he suggested a partnership with Tron when he asked Tron’s Justin Sun to consider switching to the Cardano Mantis client instead of using Ethereum’s Java.
Everyone has been looking forward to the partnership and both companies will most likely discuss it although there has been no official statement to that effect.
Apart from this, the company has gotten a lot of media attention lately. Charles and the director of engineering at IOHK, Duncan Coutts, were recently invited by Google to the London headquarters to discuss the projects they have at hand with the Google team.
Also, Cardona (ADA) was listed in CoinRoom recently. CoinRoom is a cryptocurrency exchange in South Korea. These are just a few things that will help push the price of Cardano (ADA) to the moon. So, hold your coins.