Cardano (ADA) Continues To Outperform Bitcoin But This Is Just The Beginning As Experts Predict A Rise To $1 Near-term, When Will Ada Hit $1?

Cardano news today: Cardano price prediction 2019 is bullish thanks to all the positive developments by the Cardano Foundation, the upcoming Cardano Shelly upgrade and the general positive sentiment in the market. Even if the price of Cardano ADA stalled a few months ago, it has finally picked up the momentum as altcoin seasons resumes and altcoins start stealing the shine for Bitcoin, the flagship cryptocurrency that ignited the bull run in the first place. The significant surge in the price of ADA in the past few days should not come as a surprise because the Cardano Shelley upgrade will be activated on the testnet next month. The anticipation surrounding the Cardano Shelley upgrade is fueling the Cardano ADA price prediction 2019.

Cardano Price Prediction 2019: Cardano News Today – Cardano Price Forecast – ADA Will Hit $1 Soon Thanks To Cardano Shelley Update

Ever since Cardano’s Charles Hoskinson announced the updated Shelley roadmap, the price action of Cardano ADA has been mostly positive. After being successfully installed on the Cardano testnet, Cardano Shelley will eventually be activated on the mainnet. It is going to add new features to the Cardano blockchain making it more decentralized and more efficient than it currently is.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.104

This morning, Cardano reached a new monthly high of $0.09578. This was an impressive move. It increased the buy support for Cardano ADA which also allowed the bulls to maintain their momentum in the market. Cardano ADA currently has a RIO of 341.59%. Unfortunately, it has lost the 10th position on CoinMarketCap to Tron Trx once again. The trend is upward and the bulls aren’t going to run out of steam anytime soon. Right now, Cardano isn’t just good for short-term investments but for long-term investments as well. In January, the price of ADA was $0.04316. This means that it is up by over 121% within the last five months.

While Cardano ADA isn’t among the top five cryptocurrencies, or as popular as Bitcoin, it is still a promising project. With the Cardano Shelley update, the Cardano blockchain will be 100X more decentralized than the Bitcoin blockchain. This is going to ensure the mass adoption of Cardano ADA for the benefit of investors and the Cardano Foundation. The future of Cardano is bullish.

Cardano Price Prediction 2019 – Cardano News Today – Current Price Of Cardano ADA – How High Will Cardano ADA Go?

At the time of writing, the price of Cardano was $0.096281. This means that it is up by 6.89% against the USD and up by 5.90% against the price of BTC. The trading volume over a 24 is $185,191,476 and the market capitalization is $2,496,284,038. Right now, there is strong support at $0.830 and strong resistance at $0.0977. If the price breaks the resistance at $0.0977, a surge to $0.100 will be inevitable. On the other hand, falling below the support at $0.830 is going to lead to more losses near-term.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.104

The Cardano price prediction 2019 places the price of ADA at $1 before the end of the year. If the bulls continue to dominate the market, there is a high chance that it will surge even higher than the $1 level soon. If you’re looking for an altcoin to add to your portfolio, this would be a good one.

What do you think about the Cardano price prediction 2019 in our Cardano news today. Share your thoughts about the price of ADA 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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