Cardano price forecast: The crypto market regained its shine again after starting the week on a dull note with Cardano (ADA) increasing by 2.8% to $0.64 on Thursday, market data by CoinGecko shows.
Crypto majors have also posted significant rebounds, starting with Bitcoin’s jump above $43,000 and Ethereum’s climb to $2,280. Solana steadied its movement above $70, rallying by another 9% to $73 while XRP rose 2% to $0.62.
Recommended for you: Cardano Users Warned Against Fake ADA Rewards Scam
Cardano Price Forecast: On The Cusp of a 200% Breakout
Cardano is quickly closing the distance to the coveted $1, bolstered by growing interest among investors. This blue-chip crypto major cements the bullish narrative with an incoming crossover.
Traders interested in entering long positions in ADA should watch out for the 21-week Exponential Moving Average (EMA) (in blue) to rise above the 50-week EMA (in red) to form the first golden cross since the uptrend began in October.
Cardano price f
We współpracy z: https://coingape.com/markets/cardano-price-forecast-can-bullish-crossover-thrust-ada-to-2/
