Cardano Price Prediction: How High Could ADA Go by The End Of February?
The entire cryptocurrency market was seen drowning in red. The king coin, along with a number of assets, was looking at massive losses. Cardano (ADA) wasn’t too far behind. The asset was seen enduring a drop of more than 4% over the past 24 hours. At the time of writing, ADA was trading at $0.7748. Just earlier today, the asset was trading at a high of $0.8269 before dropping to a low of $0.7691.
Also Read: Cardano Founder Drops Major Reaction as Elon Musk’s D.O.G.E. Takes on the SEC
It should be noted that the asset also encountered major declines over the past week and month as well. ADA dropped by nearly 30% throughout the last 30 days. This should, however, not negate the fact that the asset recorded a 21% rise last year. ADA was trading at a low of $0.2799 before it jumped to a high of $1.32. Despite this rise, the altcoin is far from reclaiming its peak. Cardano’s ADA hit an all-time high of $3.10 in September of 2021. At its current price, the asset is 74% below this milestone.
Cardano Investors Are Bullish
The asset’s latest drop in price did not shake its investors. According to the Community Sentiment by CoinMarketCap, a significant number of ADA investors were positive about the altcoin. Out of 119.8K votes, 89% of them were optimistic about the asset’s potential rise in the future. Meanwhile, 11% were skeptical about the same.
Also Read: Solana Price Prediction: AI Sets SOL Price For The End of February
Price Prediction
Cardano investors are all set to pocket major gains. According to data from CoinCodex, ADA is expected to trade at a high of $0.98143 on the final day of this month. The asset will record a series of increases throughout the past week of February. On February 28, ADA will encounter a surge of 25% bringing massive gains to its investors.
Also Read: Binance for Sale? CZ Breaks Silence on Shocking Rumors
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Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon
Cardano Price Prediction: How High Could ADA Go by The End Of February?
The entire cryptocurrency market was seen drowning in red. The king coin, along with a number of assets, was looking at massive losses. Cardano (ADA) wasn’t too far behind. The asset was seen enduring a drop of more than 4% over the past 24 hours. At the time of writing, ADA was trading at $0.7748. Just earlier today, the asset was trading at a high of $0.8269 before dropping to a low of $0.7691.
Also Read: Cardano Founder Drops Major Reaction as Elon Musk’s D.O.G.E. Takes on the SEC
It should be noted that the asset also encountered major declines over the past week and month as well. ADA dropped by nearly 30% throughout the last 30 days. This should, however, not negate the fact that the asset recorded a 21% rise last year. ADA was trading at a low of $0.2799 before it jumped to a high of $1.32. Despite this rise, the altcoin is far from reclaiming its peak. Cardano’s ADA hit an all-time high of $3.10 in September of 2021. At its current price, the asset is 74% below this milestone.
Cardano Investors Are Bullish
The asset’s latest drop in price did not shake its investors. According to the Community Sentiment by CoinMarketCap, a significant number of ADA investors were positive about the altcoin. Out of 119.8K votes, 89% of them were optimistic about the asset’s potential rise in the future. Meanwhile, 11% were skeptical about the same.
Also Read: Solana Price Prediction: AI Sets SOL Price For The End of February
Price Prediction
Cardano investors are all set to pocket major gains. According to data from CoinCodex, ADA is expected to trade at a high of $0.98143 on the final day of this month. The asset will record a series of increases throughout the past week of February. On February 28, ADA will encounter a surge of 25% bringing massive gains to its investors.
Also Read: Binance for Sale? CZ Breaks Silence on Shocking Rumors
Read More