Price Analysis

Cardano Price Analysis: ADA Records 11% Uptrend Rising from $0.053 to $0.059 in a Day

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  • Cardano’s Nathan Kaiser speaks at World Blockchain Summit
  • Cardano may surge up to $0.070 by the weekend

After trading below $0.060 for 2-days, ADA token is quickly catching up with the rising trends and may reach up to $0.065 today. Additionally, Cardano’s Nathan Kaiser is also participating in various forums including the recent one being World Blockchain Summit to increase awareness about the technology and the future implementation. The current market statistics look positive and may progress further in the coming days.

Cardano Price Statistics:

After 2 days of sloppy trends, ADA token has shown signs of the surge, rising from $0.053 yesterday to its current value at $0.059 as on July 25, 2019, at 07:39:42 UTC. The coin has recorded 11% uptrend in a day and after falling as low as $0.055 yesterday, it bounced back to reach $0.060 at the beginning of today.

Cardano price chart July 25
Cardano Price Chart by TradingView
  • The price of ADA token is noted to be $0.059 and 0.00000587 BTC
  • The market cap of the coin is $1,536,102,627
  • The 24 h volume of the coin is $62,783,422
  • The ROI of the coin stands at 173.72%
  • The circulating supply has reached 25,927,070,538 ADA

ADA’s highest recorded value yesterday was $0.059 and the coin has already moved past this. It may rise up to $0.061 by the end of the day to day and may trade around $0.07 by the end of this week.

Cardano Price Prediction:

Cardano may reach as high as $0.090 by the first week of next month but start trading above this value for longer periods. The coin may not trade below $0.060 from next month unless the market gets blown by some unwanted regulations. ADA may also surge up to $0.150 by the end of the next 3 months and start trading between $0.3 and $0.5 by the end of the year.

Conclusion:

This is a good time to plan long-term investments in ADA token and save for future gains.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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