Cardano Price Prediction: ADA Soars 48% In A Week As This Innovative New Meme Coin Presale Surges Toward $3 Million
The Cardano price soared 48% in the past week following a 6% pump in the last 24 hours to trade at $0.8 as of 4:32 a.m. EST Along with the jump in the ADA price in the last 24 hours, the altcoin also experienced a 32% surge in trading volumes. Cardano Price Breaks Above The $0.7714 Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal ) The Cardano price printed a second higher low on its 4-hour chart in the last 24 hours. As a result, an ascending trend line has emerged on the crypto’s chart, which gave ADA the technical foundation needed to overcome the $0.7714 resistance. If this positive trend continues, the Cardano price might rise to the next major barrier at $0.8382. On the other hand, ADA dropping below the trendline in the next 12 hours could bring an end to the altcoin’s bullish momentum. Traders could start to realize their profits in this alternative scenario, which might lead to the Cardano price dropping to the $0.7011 support. An extremely bearish...