Cardano (ADA) Surges By 20% Smashing Several Resistances, Next Target Is $0.0800, How High Will Cardano Go?

There has been a lot of jubilation in the cryptocurrency space for the past few days as the price of Bitcoin has been on a consistent rise. From our last Cardano news, we noted that the price of Cardano was leading the altcoin rally with double digit gains. Today, Cardano is still recording double digit gains even if it has passed the mantle of leadership to Bitcoin Cash. For a cryptocurrency that came to the rally late, Cardano is going extremely well. It would appear that all the positive Cardano news, the effort of the Cardano community, combined with the Bitcoin bull run, are reflecting on the price of ADA. Our bullish Cardano price prediction 2019 and Cardano price prediction 2020 have never been this clear.

Cardano News Today – Cardano Price Prediction 2019 – Cardano Price Prediction 2020 – Cardano Price Analysis – ADA To The Moon

When the price of Cardano was stuck in a downward trajectory irrespective of the positive developments surrounding it, the community became disheartened. Some Cardano price predictions, at the time, suggested that the price was searching for a bottom and would start surging after it bottomed out. So, you can imagine how excited the Cardano community felt when the price of ADA started surging against the USD shortly after joining the Bitcoin bull run. Yesterday, Cardano was up by 20% against the USD. This was after it spent days within the $0.0663 level.

Cardano (ADA) Price Today – ADA / USD

Name Price24H (%)
Cardano (ADA)
$0.059263
3.48%

To be fair when the price of Cardano ADA was falling, it wasn’t the only cryptocurrency that was experiencing a decline. Other altcoins were being outperformed by Bitcoin including XLM, EOS, XRP, ETH among others. It wasn’t until two days ago that the altcoins started recording gains and until yesterday that the bullish pressure intensified.

Cardano Price Prediction 2019 – Cardano Price Prediction 2020 – Current Price Of Cardano ADA

At the time of writing, the price of Cardano is $0.076568. It is up by 15.69% against the USD and down by 5.42% against the price of BTC. The trading volume over a 24 hour period is $204,783,735 and the market capitalization is $1,985,173,136. The only top cryptocurrency that is rising at a faster pace than Cardano is Bitcoin Cash. BCH is trading at $362.25. If is up by 18.95% against the USD and up by 9.91% against the price of BTC. The trading volume over a 24 hour period is $4,208,356,925 and the market capitalization is $6,439,938,767.

The flagship cryptocurrency, Bitcoin isn’t showing any signs of slowing down any time soon. It is trading at $7,319.64. This means that it is up by 8.12% against the USD. The trading volume over a 24 hour period is $29,233,079,791 and the market capitalization is $129,525,575,352. Even the largest altcoin per market capitalization, Ethereum, has managed to cross the $200 level which it has been in ale to reach since last year. The price of Bitcoin will most likely hit $8 soon if the bulls maintain their grip on the market. Cardano, is going to hit $0.0800 near-term.

What do you think about the Cardano price prediction 2019 in our Cardano news today? Will the Cardano ADA price cross $0.0800 short-term? Share your thoughts in the comment section below.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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