Cardano (ADA) Up By 9% Outperforming BTC As New Analysts Reveal An Impeding Surge In The Price Of ADA Above $0.55, Will Cardano Rise To $0.55?

Cardano ADA may not have started surging as soon as the price of Bitcoin started surging but it is making up for all the lost time by maintaining an upward trend again the USD and against the price of Bitcoin. Over the last two trading sessions, ADA has been on a gaining spree. It has crushed several resistances and is heading for the moon. This has led to a the compilation of a new Cardano ADA price prediction 2019 and Cardano price prediction 2020 that places the price of ADA significantly higher against the USD. In our previous Cardano news, we talked about how the latest collaboration between Charles Hoskinson and Polymath will affect the price of ADA. In our Cardano news today, we would be talking about the Cardano price prediction 2019 that places the price of ADA at $0.55.

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

Unlike many other altcoins, Cardano isn’t just gaining over the last 24 hours. The trading volume of ADA is up by 9.65% within the last 30 days even if the price of each token is down by 40% within the same period. Apart from the upcoming Cardano Shelley upgrade, there are other subtle developments on the Cardano blockchain that are supporting the price of the token at this time. Something like the release of a new virtual machine that allows users to access dApps through the Cardano blockchain going to be a game changer for ADA. Let’s not forget that Cardano also introduced a new feature on the Infinito Wallet to promote adoption of Cardano ADA.

The team behind Cardano isn’t just making developmental changes, it is also working on building strategic partnerships with other reputable firms that share its goal. Let’s not forget that there is a positive sentiment in the market at this time. This combined with the effort by the Cardano development team and Cardano community is going to lead to a surge in price of ADA. The Cardano price prediction 2019 and Cardano price prediction 2020 on Cryptopolitain.com places the price of ADA at $0.55 before the end of 2019 and way higher by the end of 2020.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.044-4.17%

The cryptocurrency market is still rather volatile. Even if projects like Cardano have strong concepts, use cases and projects backing them, it’s never easy to gauge a coin’s performance. The price of Cardano has what it takes to surge as we’ve seen in the past but maintaining the momentum is difficult. Compared to this time in 2017, the price of each Cardano ADA token is four times higher. However, it’s not even anywhere near its all-time high yet.

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

At the time of writing, the price of ADA was correcting lower against the USD. It was trading at $0.087003. This means that it is up by 1.41% against the USD and up by 3.25% against the price of BTC. The trading volume over a 24 hour period is $280,305,491 and the market capitalization is $2,255,732,336. This morning, Cardano was above the $0.0900 level and was heading for $0.01000 before the price correction started.

What do you think about the Cardano price prediction 2019 and Cardano price prediction 2020 in our Cardano news today? Will the price of ADA hit $0.55 before the end of the year? Share your thoughts in the comment section below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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