There have been so many Cardano price predictions by different cryptocurrency price analysts. While some place the price of ADA at higher highs before the end of the year, others believe that Cardano is going to keep trending sideways. The fundamentals and technicals on the price chart, on the other hand, reveal that the price of Cardano ADA is primed for a bullish breakout that will take it as high as $1 this year and possibly $50 in the year 2021. In our previous Cardano news, we talked about how the price of Cardano will be significantly influenced by the Cardano Shelley update. In our Cardano news today, we would consider just how high the price of ADA can go.
Cardano ADA News Today – Cardano ADA Price Analysis – ADA/USD – Cardano Price Prediction 2019 – Cardano Price Prediction 2021
Across the globe, the Cardano blockchain is gaining a lot of attention. Investors are interested in the blockchain that will soon be 100X more decentralized than the Bitcoin blockchain. The co-founder of Cardano, Charles Hoskinson, said that this is going to happen when the Cardano Shelley upgrade is complete. This is something that the global Cardano community is looking forward to as it will help boost adoption for Cardano and eventually lead to a surge in the price of ADA.
Cardano (ADA) Price Today – ADA / USD
Apart from developmental upgrades on a network, another factor that typically influences the rate of adoption is partnership. The more strategic partnerships Cardano seals, the more adoption it is likely to attract. Recently, the team behind Cardano announced that they have entered a partnership with Atala. Let’s not forget that the Mongolian government has started a project that involves the creating awareness for the Cardano ADA blockchain. One thing that makes Cardano unique is that it is the first blockchain that is based on a scientific philosophy. If the Cardano Shelley upgrade is as successful as the team claims, it is going to attract more partners and increase the adoption of the blockchain. This will, in turn, lead to a surge in the price of Cardano.
Cardsno Price Prediction 2019 – Cardano Price Prediction 2021 – Current Price Of Cardano ADA – Cardano News Today
At the time of writing, the price of Cardano ADA was $0.081917. This means that it is down by 3.56% against the USD and down by 3% against the price of BTC. The trading volume over a 24 hour period is $107,090,183 and the market capitalization is $2,123,876,908. Within the last 30 days, the price of ADA is up by 3%.
During the 2017/2018 bull run, the price of ADA reached an all-time high of $1.33. There is a high chance that it is going to retest this level before the end of the year. Pay attention to the price action of Cardano ADA as the Cardano price prediction 2019, Cardano price prediction 2020 and Cardano price prediction 2021 are all bullish according to the Cardano price analysis on CryptoNewz.
What do Cardano price prediction 2019 and Cardano price prediction 2021 in our Cardano news today? Does ADA have what it takes to hit $50 in the next two years? Share your thoughts in the comment section below.